Goldman Sachs Santanu Sengupta Previews Indian Budget

The video discusses India's fiscal situation, highlighting strong tax performance and the impact of rising oil prices on fiscal and monetary policies. It covers the Reserve Bank of India's expected monetary policy actions in response to inflation and the current account deficit. The video also addresses economic recovery trends, with a focus on rural and infrastructure spending, and the government's efforts to support these areas.

What percentage of GDP is the fiscal deficit expected to be in the current year?

• 5.8%

• 6.8%

• 7.8%

• 8.8%

What is the expected impact of oil prices reaching $105 per barrel on excise duties?

• No change in excise duties

• Increase in excise duties

• Complete removal of excise duties

• Reduction in excise duties

How many times is the Reserve Bank of India expected to hike the repo rate this year?

• Once

• Thrice

• Four times

• Twice

What is the forecast for India's current account deficit as a percentage of GDP?

• 2.5%

• 1.5%

• 3.0%

• 2.0%

What is the expected trend for the Indian rupee against the dollar over the next 6 to 12 months?

• Depreciation

• Appreciation

• Remain flat

• Significant fluctuation

What is the government's expected focus in the upcoming budget?

• Urban development

• Healthcare expansion

• Rural and infrastructure spending

• Defense spending

What is the expected percentage of GDP for capital expenditure going forward?

• 1-1.5%

• 2-2.5%

• 3-3.5%

• 4-4.5%