Finance Minister Arun Jaitley will on Thursday present the current NDA government's fifth and arguably his toughest Budget yet as he seeks to address agriculture distress, create jobs and boost growth while at the same time, stick to fiscal prudence in Union Budget 2018.
Union Budget 2018-19 will be India's first budget post GST and is being keenly watched to see what Jaitley does to boost growth in Asia's third-largest economy. It would be the last full Budget of the BJP-led NDA government before the 2019 general elections.
Ahead of the Budget 2018, Samir Arora, who is the Founder and Fund Manager of Helios Capital, spoke exclusively to Republic TV’s Editor-in-Chief Arnab Goswami and shared his take on what he expects from the budget.
Helios employs six employees in Singapore and its exclusive advisor has three employees based in Mumbai. The four investment professionals at Helios and at the Advisor have more than 80 years of India investment experience.
Samir Arora received his undergraduate degree in engineering from the Indian Institute of Technology, New Delhi in 1983 and his MBA (gold medalist) from the Indian Institute of Management, Calcutta in 1985. He also received a master’s degree in finance from the Wharton School of the University of Pennsylvania in 1992 and was a recipient of the dean’s scholarship for distinguished merit while at Wharton.
While speaking on Republic TV, Samir Arora said:
“Bull run exists because globally there is a bull run. We are underperforming the bull run. But it’s not just in India, the whole world is having a bull run. It would be fair to assume that GST-related transition has led to the change.”
Watch Samir Arora’s full exclusive interview with Republic TV in the video above.