Gopal Jain of Gaja Alternative Asset Management shares Budget analysis
Budget
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Moneycontrol02-02-2026, 22:14

Alternative Investments: Engine for Viksit Bharat, Targeting Rs 100 Lakh Crore by 2034

  • Finance Minister frames the budget as a "unique Yuva Shakti-driven Budget," signaling a focus on youth-led growth.
  • India's alternative investment industry, currently at Rs 13.5 lakh crore, aims to scale to Rs 100 lakh crore within a decade.
  • Government initiatives like the Rs 10,000 crore SME Growth Fund and Rs 2,000 crore SRI Fund top-up are set to catalyze significant private capital.
  • Structural shifts like taxing share buybacks as Capital Gains and raising investment limits for Persons Resident Outside India (PROI) aim to attract more capital.
  • The budget emphasizes frontier sectors like Deep Tech, AI, IT Services, and Creator Economy, creating fertile ground for alternative investments.

Why It Matters: Alternative investments are poised to become a primary engine for India's nation-building and Viksit Bharat vision.

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