Chennai, Jan. 29 -- The upcoming Indian budget for FY27 is expected to largely focus on non-fiscal reforms, even as the manufacturing, investment promotion, and employment generation remain the central theme, said Anand Rathi Share and Stock Brokers Ltd in a report.
"The broader emphasis is likely to be on non-fiscal reforms. Deregulation, faster clearances, and process simplification would improve ease of doing business and attract both domestic and foreign investment," Anand Rathi said.
According to the report, the key expectations from the union Finance Minister Nirmala Sitharaman are extension and rationalisation of Production Linked Incentive (PLI) schemes, particularly for sectors facing global tariff pressures, continued support fo...