Budget 2019-20 implications for Capital Market Participants

“Article 112. Annual financial statement. (1) The President shall in respect of every financial year cause to be laid before both the Houses of Parliament a statement of the estimated receipts and expenditure of the Government of India for that year, in this Part referred to as the “annual financial statement”

Article 112, The Constitution of India

In furtherance of Article 112, the Union Budget is presented before the Parliament, in the first week of February every year. Minister of Finance and Corporate Affairs, Nirmala Sitharaman, in her maiden budget, focused, at a fair length, on the Capital Market. Despite this, the BSE plunged more than 450 points in intraday trade. This could be attributed to various factors.

We, at the Securities Blawg, will be discussing what the Budget 2019-2020 implies for the Capital Market, by analysing these various factors. To this tune, budgetary components concerning the capital market will be dissected and analysed separately over the course of upcoming blog posts.

Topics to be covered include the following, (in no particular order)

Stay tuned!

The Securities Blawg team

Leave a Reply

Your email address will not be published. Required fields are marked *