Interim Budget 2024: Industry leaders across sectors give thumbs up
The Interim Budget 2024 focused on youth and women empowerment, while maintaining fiscal consolidation and continuing capex, hinting continued investment focus across sectors infra, housing, auto, agriculture, solar etc. Here are some reactions of industry leaders:Dr Manu Gupta, CoFounder, SEEDS said, “The budget unveiled today by the Hon’ble Finance Minister undoubtedly reinforces the Government’s Viksit Bharat vision.
With a strategic emphasis on initiatives that empower a large population of Indians to acquire or construct their homes and address essential needs such as water and electricity. This ensures direct enhancement of living standards, contributing to improved health and overall well-being. This approach fosters inclusivity and could diminish climate-induced impacts, particularly during disasters.
As highlighted by our Finance Minister, our nation, during the G20 Presidency, exemplified leadership by forging a consensus on solutions for global climate-induced challenges.
The spotlight on India’s extensive coastal line, envisioning a blue economy 2.0 coupled with inland capacities, earmarked for climate-resilient activities through a multidimensional, integrated, and multi-sectoral approach, is poised to significantly augment capabilities for enduring, positive impacts for the communities.” He added.Dr Aanchal Jain, CEO, PMI Electro Mobility said, “The government’s unwavering commitment to advancing e-mobility exemplifies visionary leadership.
The decision to accelerate the adoption of e-buses for public transport and provide extended support for charging infrastructure stands as a beacon of progress for the entire industry. Addressing a pivotal concern, the announcement of a Payment Security Mechanism reflects the government’s proactive stance in fostering a conducive business environment.
