Shehzad Poonawalla Outlines 'GITA' Vision For Budget Focusing On Growth And Infrastructure

Описание: On this India Today special report, BJP spokesperson Shehzad Poonawalla and economist Rahul Ahluwalia discuss the expectations and strategic vision behind the upcoming Union Budget. Shehzad Poonawalla introduces the acronym 'GITA' to define the government's focus, stating, 'GITA means G for growth, I for infrastructure, T for technology and A for Atmanirbhar Bharat'. He emphasizes that the government has successfully transitioned from 'good politics to good economics' through reforms like GST and increased capital expenditure. Rahul Ahluwalia, Director at the Foundation for Economic Development, addresses the stagnation in private investment, noting that India must become globally competitive to attract capital. He highlights the success of Apple’s iPhone manufacturing as a model for export-led growth. Ahluwalia argues that the budget should signal a shift towards deregulation, ease of doing business, and tariff rationalisation to create a stable and certain climate for investors, moving beyond a reliance on public infrastructure spending.

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