New Delhi, Jan. 31 -- As the Modi government is set to present its first full budget of its third term on February 1, which is expected to emphasise fiscal consolidation and growth.

According to a report by Motilal Oswal's, the first full budget of Modi's first term in 2015 prioritized fiscal consolidation, GST implementation, and infrastructure expansion--critical foundations for sustained growth.

Later, in the first full budget of his second term in 2019 the focus shifted towards bolstering domestic manufacturing, advancing the Aatma-Nirbhar Bharat initiative, cutting corporate taxes, and promoting green energy, fuelling a surge in market capitalization, profitability of domestic cyclicals, and a resurgence in PSU banks through recapi...