Nomura's Sonal Varma says FY25 Budget 'not a pre-election budget'
Thu, Feb 1, 2024 4:16 PM

Nomura's Sonal Varma says FY25 Budget 'not a pre-election budget'

A Flip by Shubhangi Gupta
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The 2024-25 Budget was not a pre-election one according to Sonal Varma, Nomura's chief economist for India and Asia ex-Japan. "This was not a pre-election budget. While the budget speech talked a lot about the key voter constituents, it has chosen to prioritise fiscal consolidation," Varma said on February 1 following Finance Minister Nirmala Sitharaman's speech in Parliament.

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