Canara Robeco AMC Equity CIO: Government Spending Crucial, Avoid Aggressive Tightening in Budget
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Canara Robeco AMC Equity CIO: Government Spending Crucial, Avoid Aggressive Tightening in Budget

The head of equity investments at Canara Robeco AMC expressed hope that the upcoming Union Budget will avoid aggressive fiscal tightening, emphasizing the crucial role of government spending amid weak demand, subdued private capital expenditure, and limited household income growth. The company anticipates a continuation of previous budget trends, with potential increases in divestment targets. The firm's focus remains on steady growth, market share expansion, and new product launches, managing approximately ₹1.1 lakh crore in domestic equity assets.

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