Mr. Shankar Prasad, Founder, Pureplay Skin Sciences – Plum, Phy and BodyLovin’ This budget is a tightrope walk between managing deficit considerations and rekindling broad-based growth. We should not get too complacent with the festive quarter numbers, and the talk of a Covid cess is also a bit worrying. We need to believe that the economy […]
Mr. Vikas Bajaj – President, AIFI (Association of Indian Forging Industry) said “The current budget is expected to be balanced for both consumers and manufacturers. The budget for this year should be outlined in ‘RECOVERY & GROWTH.’ The Government needs to invest more funds in major industries, including infrastructure, real estate, manufacturing, tourism, so that […]
India is one of the fastest growing economies and fastest emerging markets in the world and Aluminium Industry plays a vital role in nation’s economy and the country’s vision for an Atmanirbhar Bharat. Aluminium is an essential commodity for various other industries / SMEs due to its critical role in diversified applications crucial for economy […]
“We expect the budget to act as a much-needed catalyst for boosting demand, curbing inflation and thereby reviving the economy. There is a need to undertake definite policy measures and provide fiscal stimulus to ensure financial recovery and spur economic growth, specifically across, sectors, like healthcare, EdTech, Infrastructure and Manufacturing. We are also hopeful that […]
CP Gurnani, MD & CEO, Tech Mahindra, said, “2020 has been an unprecedented year and we hope that the upcoming budget will address the challenges faced by businesses and propel the economy towards faster recovery and growth. Digital technology and connectivity continue to be the cornerstone of India’s growth and leadership. The pandemic accelerated the […]
Raj Patel, Director, Royale Touche said, “The government has taken a firm stand to make India a self-reliant country. The Atmanirbhar Bharat dream of PM Modi will make India play an important part of the global economy. I believe the upcoming budget will reflect this decision, and there will be a strong push from the government’s side to […]
As the economy recovers post Covid, pent-up demand has pushed up consumption within the country. For Union Budget 2021, measures that will boost demand further and aid consumer sentiment remain the most important aspect for our industry. We are also looking forward to the government incentivizing consumers through tax breaks and other measures. We are […]
“ After a challenging 2020, as we enter 2021, there is a need for some more fiscal measures in the upcoming budget to accelerate growth in this important sector that generates demand for around 250 other industries. Further extension of the CLSS scheme for the next fiscal year, increase in tax incentives for home buyers, […]
“We feel quite optimistic about the Union Budget 2021. We anticipate the Government to create special provisions for the technology sector in its bid to achieve a trillion dollar economy. We feel that the budget should reflect on three focus areas: Digital transformation, Data protection and Privacy and Cloud based Infrastructure leveraging disruptive technologies to […]
“We believe that a sharper focus on investments in automation of physical security systems in the defence sector will be critical with the increasing focus on border security. We are very optimistic that the funds that have been allocated for smart city initiatives will be renewed to further the implementation of advanced surveillance system that […]
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