Sitharaman is concentrating more on increasing consumption in the economy and doesnt seem to have defence, or infrastructure, on her priority spending list.
Defence, PSE stocks: Why yesterday’s market darlings may not be the stars of tomorrow
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In a bold move away from traditional investment in defense and infrastructure, Finance Minister Sitharaman is steering the economy towards boosting consumption. This strategy aims to directly improve the living standards of the average citizen, ensuring that economic growth benefits everyone, not just the elite sectors.
By sidelining critical sectors such as defence and infrastructure, Finance Minister Sitharaman's current fiscal strategy risks long-term national security and economic stability. Her focus on short-term consumption overlooks the fundamental investments needed to safeguard our nation's future and stimulate sustainable growth.