Highlighting a strong macroeconomic stability with a growth rate of around 7 pc, she said, “The Modi government has decisively chosen action over ambivalence, delivering reforms that have improved lives and reduced poverty.”
Talking about the recalibration of the Securities Transaction Tax (STT) mentioned in the budget, BSE's MD and CEO Sundararaman Ramamurthy said that it is designed to discourage speculation and encourage investor focus on long-term equity participation.
Reacting to the Budget, the Governor said it reflects the aspirations of the people of India, with a clear commitment to integrating every section of society into the mainstream of development.
