“This is a ‘spend big’ budget with clear focus on banking and infrastructure sector which is exactly what the economy needed and in sectors that required it. Especially the manner in which the FM has sought to clean up the balance sheet of banks by creating a bad bank for stressed assets. This will certainly give banks the elbowroom they need to start lending aided by the proposed Development Finance Institution with ₹ 20,000 cr capital. All these initiatives will spur corporate investments. With this comprehensive approach, the FM has reset the economy for a V shaped recovery.”