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Budget Quotes

Post Budget Quote by Mr. Akshay Mehrotra, Co-Founder, and CEO, EarlySalary

Mr. Akshay Mehrotra, Co-Founder and CEO, EarlySalary: “Budget2022 focused on digital inclusion. We welcome the Indian Government’s decision to use digital channels to increase access to finance. As a Digital Lender, EarlySalary is delighted to participate in this democratic solution for leveraging demographic-dividend. This will help the middle-class people to afford products and services using […]

Budget Quotes

Budget Reaction Quote – Villgro, Propelld, ISC, Intangles & BANKIT

1- Spokesperson Details:- Mohammad Azhar, Lead Government & Public Sector Initiatives at Villgro – Startup & Sustainability sector “The tax incentives and effective redressal of issues like payment of Tax even after the country lockdown are one of the more debatable concerns for 2-3 years old startups. The startups differ from traditional businesses and they […]

Budget Quotes

Post -Budget 2022 Reactions by Industry experts

“Hon’ble Finance Minister Nirmala Sitharaman’s proposal to augment the road infrastructure by 25,000 km under the PM Gati Shakti plan will ensure better connectivity to smaller towns and villages. With the radical shift in people’s travel choices post covid and the subsequent return of the road trips, investment in highway construction is surely an […]

Budget Quotes

Budget 2022 : Reaction from IT/ITeS Brand

Uthaman Bakthikrishnan, Executive Director of ClearTouch. “The Union budget clearly outlines the focus on promoting digital economy and fintech, growth of MSMEs, accelerating energy transition, making India self-reliant among other developments for inclusive growth. Good to see a much needed focus on MSMEs through interlinking Udyam, e-Shram, NCS, and ASEEM portals for ease of doing […]

Budget Quotes

Post-Budget Reaction Quote – Dr. R. C. Mansukhani, Chairman, Man Industries (India) Limited

“The Union Finance Minister Nirmala Sitharaman in today’s Union Budget 2022-23 announced an extension of custom duty exemption on steel scrap by a year. This move will certainly help the small- and medium-sized businesses. Additionally, the robust allocation of Rs. 7.5 lakh crore as capital expenditure for FY23 will help give a boost to the […]

Budget Quotes

Post-Budget Reaction Quotes (CCI Projects Pvt. Ltd. – Rivali Park, Tycoons Group, VBHC)

Mr. Rohan Khatau, Director, CCI Projects Pvt. Ltd. – Rivali Park “The Union Budget for the fiscal year 2022 is quite robust and centered around the nation’s progress, with a focus on increasing economic efficiency and infrastructure growth. PM Awas Yojana’s new development will augment buying of affordable housing across India, strengthening the real […]

Budget Quotes

Attributed to Mr.Manoj Namburu, Chairman and Managing Director , Alliance Group & Urbanrise

While not all our expectations were met, the government did make a few announcements in this Union Budget 2022 that point to a strong recovery in the real estate market. The government’s commitment to achieving Housing for All is demonstrated by announcements such as committing 48,000 crores to construct 80 lakh dwellings for identified eligible […]

Budget Quotes

Budget reaction from Priti Rathi Gupta, Founder, LXME

Priti Rathi Gupta, Founder, LXME The focus of this year’s Union Budget was to sustain the economic growth that we have witnessed after the Covid-19 outbreak and to enhance it moving forward. All the amendments and proposals were made keeping in mind the growth of all the sectors of the country where digitalisation acted as […]

Budget Quotes

Post Budget quote by Piyush Somani Managing Director and Chairman ESDS Software Solution Ltd on IT Sector

“The FY-22 union budget gives massive boost for the data center sector, as Data Center sector has been given infrastructure status. We believe that this will help data center operators get long term debt at a much lower cost. Ambiguity around data center operations would also ease out. This allows the data center operators to […]

Budget Quotes

Post Budget Quote – Ankur Bhageria, CEO & Co-founder, CashFlo

Mr Ankur Bhageria, CEO and Founder, CashFlo “As a founder of a startup that is also an MSME business, the Union Budget for FY22-23 is positive for both groups. The COVID pandemic is not yet over, and the liquidity support and incentives provided by the government needed to be sustained into this year as well. […]