Budget 2021: In chat with Anil Singhvi, Market expert Anand Rathi says this budget is a game-changer

Union Budget 2021: In his chat with Zee Business Managing Editor Anil Singhvi, Anand Rathi, Founder of the Anand Rathi Group, shared his views on the Union Budget 2021. During the show, Rathi said that Budget 2021 is a game-changer and that's why market has welcomed it.

Speaking to Singhvi, Rathi said: "This budget can be the game-changer in future as well. If we particularly talk about the banking privatization, we have been vocal about banking privatization for years, finally government has taken the right step. They way government has talked about the disinvestment, particularly about the loss-making companies, who are not even strategically fit, they did it very well."

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"I think not only in banks, the government is looking at the entire sector. They are working on new strategies, which is the right approach. This budget is very good for the market. That's why the market has welcomed it so well," he further added.

Rathi also said: "Second important thing is, the government has focused on the growth compare to deficit finance. Controlling the fiscal deficit has been the most important topic in every budget, and this time I can say government is heading in the right direction. They are focusing on the growth and it is an investment-oriented budget."