Deena Jacob, Co-Founder and CFO of Open said: ‘’ A well-rounded and balanced budget that focuses on post-pandemic growth, showcasing the government’s commitment to digital inclusion. We welcome the announcement of setting up 75 digital banking units by scheduled banks across 75 districts and the efforts of the FM in taking digital banking to every Indian.  This is very much in line with the digital inclusion focus that will provide an impetus to India’s economic recovery.  From a start-up perspective, the one-year tax incentive extension will go a long way in easing the pandemic burdens faced by many in the industry. This budget also offers a beacon of hope to MSMEs with additional budgetary allocation and trade guarantees.  All-in-all this is a budget that offers tremendous promise and potential.   However, whilst we appreciate the intent of the government in improving ease of doing business and the reduction of 25,000 compliances, we will wait and watch to see how this will be implemented.’’