Budget proposals may lead to higher bond yields, inflation: Dhawal Dalal

Dhawal Dalal, Senior Vice President & Head - Fixed Income, DSP BlackRock Mutual Fund speaks about how are equities and fixed income classes noting the government's inability to walk the path of fiscal consolidation. He said that the proposals made by the government in the Union Budget may lead to inflationary pressures ahead. "The Budget proposals are likely to lead to higher inflation, correction of the equity markets and higher bond yields," he said.