Quotes
The Budget boosts MSMEs with greater financial flexibility while empowering entrepreneurs to drive economic progress. The Infrastructure Development fund is expected to enhance real estate through better connectivity and urban growth, while tax relief for the middle class may increase disposable incomes and stimulate housing demand.”
Mayur Tandon, CII, vice- chairman IIA, said The four key engines of agriculture, MSME, investment and exports will enhance our progress towards a Viksit Bharat by 2047,
said Mukesh Singh of Indo American Chamber of Commerce, ... adding the The Union government has made a strong effort to address the immediate challenges being faced by the economy, particularly on the consumption front, while keeping an eye on the long-term target of pursuing the vision of ‘Viksit Bharat’.”
The Budget proposals will re-energise the economy by lifting the sentiments of the middle class and nudging the private sector to advance its investment plans as demand improves across sectors,
This recent increase in female labour force participation could not be due to a sudden increase in work availability in rural areas, as we do not observe any corresponding spikes in the labour force participation rates of rural men,
economist Ashwini Deshpande, who teaches at Ashoka University, wrote in an article No major announcements followed in the finance minister’s speech, corresponding to the ambitious goal stated in the beginning, of achieving 70 per cent women’s economic participation. For bringing more women into the workforce, from the perspective of the budgetary exercise, there should be more focus on measures such as developing good quality childcare facilities, working women’s hostels and safety in public places,
says Nalini Gulati, the editorial adviser of Ideas for India, an economics and policy portal of the International Growth Centre, based at London School of Economics We know that a significant amount of urban regular work for women is in less desirable and relatively poorly paid activities such as domestic work and precarious informal work without any legal or social protection,
economist Jayati Ghosh wrote in an article on The India Forum published on January 15. For 5,00,000 first-time entrepreneurs, including women, ST and SCs, a new scheme to be launched to provide term loans up to ₹2 crore during the next five years,
The budget has a 360-degree focus on manufacturing to strengthen entrepreneurs, MSMEs, and small businesses, creating new jobs.”
Hailing the employment generation aspects of the budget through support to MSMEs, he said Significant steps have been taken towards reforms in this budget. The tax benefit will greatly help the middle class and those who have been newly employed.”
On the tax sops offered in the budget, Modi said Under the PM Dhan-Dhanya Krishi Yojana, irrigation and infrastructure development will take place in 100 districts... and the increased limit of the Kisan Credit Card from ₹3 lakh to ₹5 lakh will provide greater assistance to farmers,
This recognition marks a pivotal moment for our sector, poised to break through the sound barrier of growth and emerge as a vital component of India's IT landscape,
As far as the healthcare sector is concerned a few notable points are - setting up of day-care cancer centres in all district hospitals and establishing 200 hospitals in 2025-2026. These will certainly help take care of the increasing burden of cancer patients especially in the non metros,
That will be a good development for the manufacturing and health sectors,
The middle class is the backbone of our economy, and these measures will provide much-needed relief and encouragement to spend, ultimately driving economic growth,
A balanced energy transition, especially the aim to add 100GW nuclear energy along with eliminating civil liability, clean-tech innovation, and strategic capital investments pave the way for sustainability, self-reliance, and global leadership,
The push for clean energy, technology advancement, and a robust logistics ecosystem further accelerates India's transformation,
Consumption, investment, innovation and employment are the four pillars of our economic growth model and FM Nirmala Sitharaman has focused on all aspects of those segments,
All this while maintaining fiscal discipline -- 4.8% fiscal deficit this year and a target of 4.4% for next year,
The budget is pretty good. We had asked for a few things such as Tax Deduction at Source (TDS) and Tax Collection at Source (TCS). The government has considered that and removed TCS,
Federation of Karnataka Chamber of Commerce and Industry (FKCCI) president M G Balakrishna in a statement said ... Balakrishna told PTI
