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  • News From Press FM should woo foreign investors, cut LTCG to boost long-term investing: Mahesh Patil

    FM should woo foreign investors, cut LTCG to boost long-term investing: Mahesh Patil

    Source: The Economic Times Jul 4, 2019


    Do you think the finance minister will maintain fiscal prudence at the budget?
    That is what they have been indicating even in the last budget. While the FM will try to meet the fiscal deficit target, a lot of funding is happening outside the budget. Even last year, the governments off balance-sheet funding (through NHAI, FCI, etc) had gone up significantly. That could continue to increase proportionately. There is a need at this point in time for the government to invest more ..

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