Dr Tarang Gianchandani, CEO, Sir H N Reliance Foundation Hospital “The unveiling of The Brihanmumbai Municipal Corporation (BMC) budget announcement today for the financial year 2022-23 is very promising showcasing support to the healthcare sector. The increase in health infrastructure outlay to Rs 6,933 crore was the need-of-the hour given the current Covid-19 pandemic which […]
Budget reaction : Ajoy Thomas, VP and Business Head, (Retail, E-Commerce, Logistics & Transportation), TeamLease – “I see that the budget is growth-oriented with an impetus on capital expenditure to fuel economic growth and employment generation. Innovations in digital payments systems will help secure transactions in the space and enable offshoots for the e-commerce/m-commerce to […]
Mr. Sandeep Raheja, Chairman, K Raheja Realty. “I believe that the Government has initiated the growth of technology and by providing education for all at macro-level through setting up the digital university and providing content in regional languages. Over & above they are also allocating better budgets for education. Leapfrogging Indian students to the next […]
New Delhi : Medical Technology Association of India (MTaI), which represents leading research-based medical technology companies with large footprint in manufacturing and Healthcare worker training in India, has welcomed the increase in Capital expenditure by 35.4 percent from 5.54 L Cr to 7.5 L Cr announced by the Hon’ble Finance minister. Chairman MTaI, Mr Pavan […]
Our Finance Minister, Nirmala Sitharaman presented the fourth Union Budget of the Modi 2.0 Government on Tuesday. In her speech, she said that the budget will lay the foundation for India’s economic growth and expansion for the next 25 years. The Indian Corporate sector, which employs lakhs of people across the country, expressed its satisfaction […]
Mr. Rohit Poddar, Managing Director, Poddar Housing and Development Ltd “It is good that the BMC has increased its spending with the allocation of Rs. 22,647 crore for capital expenditure that is to be spent on the city’s infrastructure like roads, stormwater drains, and water projects in order to provide higher levels of both ‘Quality […]
Union Budget Reaction 2022 by Mr. KE Ranganathan, MD, Roca Bathroom Products Private Limited “The budget 2022 lays foundation for the next 25 years of sustainable growth and a right step towards making India ‘Aatmanirbhar’. The government’s continued impetus on urban planning, housing and overall infrastructure development will have a multiplier effect while putting emphasis […]
“We strongly welcome the government’s acceptance of NFTs and virtual digital assets as taxable goods. We all know, like computing, internet and mobile phones created major digital revolutions in 1980s, 1990s and 2000s, blockchain applications will revolutionise the world again in 2020s. This time India will not be an observer, but a leader of this […]
Despite not getting any incentive from the Government in Budget 22-23, the realtors feel that push for infrastructure and the overall economy will pave the way for increased real estate demand. The support to MSMEs, plans for Tier II-III cities, data centres, start-ups, etc., will lead to job creation and business development which will turn […]
Mr. Rajamanohar Somasundaram, Founder & CEO, Aquaconnect “We welcome the proposed reduction in import duties on broodstocks, shrimp larvae feed, and related aquaculture input products. The changes announced in this year’s budget will relieve the hatcheries as this can ease and encourage broodstock imports and eventually lead to higher production with better access to quality […]
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