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Budget Quotes

Interim Union Budget Reaction from Technology Leaders

Fulcrum Digital: Sachin Panicker, Chief AI Officer, Fulcrum Digital “Finance Minister Nirmala Sitharaman’s sixth consecutive budget presentation sets a decisive course for India’s future, rooted in the vision of ‘Viksit Bharat’ by 2047. The government’s emphasis on GDP – Governance, Development, and Performance, lays a sturdy framework for sustainable growth. With a focus on empowering […]

Budget Quotes

Post-Budget reaction quote from Shaalaa.com & OC Academy

Post Budget Reaction Quote by Anthony Fernandes Founder Shaalaa.com.:“The Education Ministry received its highest-ever allocation, with the combined outlay of its two departments totaling Rs 1,12,898.97 crore.However, the persisting issue of unemployable youth necessitates urgent attention. We must refocus on aligning education with market demands to ensure our youth not only receive an education but […]

Budget Quotes

Reaction By Industry Experts On Union Budget Announcement 2024

1. Mr. Ashish Singhal, CFO & Company Secretary of CORE Diagnostics Pvt Ltd- Mr. Ashish Singhal, CFO & Company Secretary of CORE Diagnostics Pvt Ltd, Gurgaon said “I am optimistic about the Union Budget 2024-25. The emphasis on infrastructure financing, incentivizing R&D, and regulatory policies for health startups aligns with our vision at Core Diagnostics. We […]

Budget Quotes

Budget Reaction Quote from Mr. Sundeep Holani, Co-Founder and Co- CEO, Channelplay Ltd

It’s great to learn about the progress made by the Skill India Mission presented in the interim budget 2024. As a company that believes in the power of up-skilling and re-skilling, we are thrilled to see the establishment of 3000 new ITIs, which will equip our youth with the necessary skills for the future. It’s […]

Budget Quotes

Post-budget reaction from Homi Katgara, Partner, Jeena & Company

“The budget announcement is welcomed by the logistics industry. As industry players, we are brimming with optimism. The government’s focus on youth, infrastructure, innovation, and strategic partnerships resonates strongly with our aspirations. The ₹1 Lac crore innovation corpus specifically targeted at young minds in technology is an important move. This fosters a culture of problem-solving and tech adoption, crucial for […]

Budget Quotes

Mr Sohinder Gill, Director General, Society of Manufacturers of Electric Vehicles

“The 2024-2025 Interim Union Budget emphasizes a green public transportation system, prioritizing a strong charging infrastructure for widespread adoption of electric vehicles. India’s vast expanse requires a comprehensive network with thousands of installations. This commitment is poised to spur employment growth, benefiting startups and MSMEs, with ongoing service and maintenance creating additional job opportunities. However, […]

Budget Quotes

Post Budget Quote by Mr. Hitesh Garg, Vice President, and India Managing Director, NXP Semiconductors

“Union Budget 2024 delivers a resounding commitment to sustainable tech, spotlighting support for EVs and bio manufacturing. Metro Rail and Namo Bharat projects elevate city connectivity, while the dual focus on public transport and defence tech reveals a visionary agenda. The game-changing move of a Rs 1 lakh crore corpus for our tech-savvy youth, coupled […]

Budget Quotes

Budget Announcement 2024-25 from Shailly Kedia, Senior Fellow, TERI and Curator of World Sustainable Development Summit

“The government has continued to expand the mandate for green growth. It is encouraging to see allocations and green initiatives such as bio-manufacturing, bio-foundry, climate resilient blue economy, electric mobility and focus on clean energy including offshore wind energy. According to Demand No. 28, budget estimates for Ministry of Environment, Forests and Climate Change (MOEFCC) […]

Budget Quotes

Budget Reaction Quote from PedalStart and Techno Companion

Commented by Manas Pal, Co-Founder, PedalStart-As a startup accelerator founder, I view the Interim Budget as a nod to the entrepreneurial spirit that fuels our nation’s growth. While it maintains stability with no major tax changes, I’m hopeful that the government’s acknowledgment of the startup ecosystem signals a commitment to fostering innovation. The focus on […]

Budget Quotes

Union Budget Reaction Quotes from K. Paul Thomas, MD & CEO, ESAF Small Finance Bank

“The Finance Minister’s announcement in the interim budget to prepare the financial sector to meet the investment need of the micro, medium and small enterprises (MSMEs) is a welcome development. That will address the concerns of the MSMEs access to formal credit at competitive rates. This is a very significant decision since smooth flow of […]