Published on January 20, 2021
Mr. Shankar Prasad, Founder, Pureplay Skin Sciences – Plum, Phy and BodyLovin’
This budget is a tightrope walk between managing deficit considerations and rekindling broad-based growth. We should not get too complacent with the festive quarter numbers, and the talk of a Covid cess is also a bit worrying. We need to believe that the economy with its undisputable consumption and asset creation potential has enough potential to make things work for all concerned: government, businesses and the general public, and just let things ease themselves out, instead of trying to over-manage through additional taxes or rules. The promise of “minimum government” is something we truly have the opportunity to deliver on, starting now, and I hope we can see that actualize. Systemically, we need to ensure our banking system is in good health, and any steps to assuage that will be welcomed.