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Budget 2020: Nirmala Sitharaman ji, let's surprise world with blockbuster of budget, says Anand Mahindra

Speed News Desk | Updated on: 13 January 2020, 13:42 IST

Anand Mahindra, the chairman of Mahindra Groups took to his official social media handle to augment the contest between the GDP growth of China and India. He stated that the anticipation of dropping behind China with regards to growth should "get our competitive juices flowing".

Anand Mahindra dispensed a report by Bloomberg that stated that China that is expected to set forth the fourth quarter and yearly growth of GDP on Friday would issue a statement saying that it reached their ecomomy growth of 6 per cent to 6.5 per cent in 2019. Mahendra stated that ever since our growth forecast held India’s growth rate at 5 per cent, India will drop behind China again.


"So with a forecast rate of growth of 5% for our GDP in '19-'20 we'll fall behind them again? This should get our competitive juices flowing. Nirmala Sitharaman ji, let's surprise the world with a blockbuster of a budget including some dramatic moves. And sprint back in front...," he said.

 

One of the Twitter users said that Mahendra needs to calm down as he is anticipating over the top and that he is in due course going to be let down. To that Mahindra said that he never plans to calm down and to stop being optiistic.

 

Mahindra was part of the meeting with PM Modi last week that included top businessmen like Ratan Tata (Tata Sons), Mukesh Ambani (Reliance Industries), Anand Mahindra (Mahindra & Mahindra), Gautam Adani (Adani Industries), Sunil Mittal (Bharti Airtel), Anil Agarwal (Vedanta), N Chandrasekaran (Tata Sons), AM Naik (L&T), Sajjan Jindal (JSW Group), Baba Kalyani (Kalyani Group) and Venu Srinivasan (TVS Group).

During the meeting the businessmen reportedly talked about how to revamp the economy and generate jobs before the Budget 2020.

First published: 13 January 2020, 13:42 IST