APN News

Post Budget 2023 Quote – Vikram Agarwal, Managing Director, Greendot Health Foods Pvt. Ltd.

 Vikram Agarwal, Managing Director, Greendot Health Foods Pvt. Ltd.

“It is a very promising and encouraging budget that ensures to be a stepping stone for a strong economy. India is on the path to become a developed economy from a developing economy. This budget ensures that we would grow at a steady rate of 6.5% to 7% which is the fastest in the world.

The reduction in import duty will offer relief to import and export companies and boost domestic manufacturing.

The new tax regime which has been curated to benefit the all class, It would leave more disposable money in the wallet which would boost spending and overall GDP. 

The initiative of an Agriculture Fund to be set up will boost the agri related Industries, Investment in Agri Startups would help to bring fresh ideas and innovation in the agri space. Renewed focus on Millets would make India a global hub for millets which is catching up globally. 

Infra space has been allotted an outlay of 10 lakh crores would ensure that we have an infrastructure at par with the global peers which would attract a lot of International Capital. 

Overall it’s a very balanced budget.”

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