APN News

  • Tuesday, February, 2021| Today's Market | Current Time: 09:37:21
  • Post-budget quote by Raktim Chattopadhyay, Founder & CEO, Esperer Onco Nutrition (EON) Pvt Ltd

    Published on February 2, 2021

    by Raktim Chattopadhyay, Founder & CEO, Esperer Onco Nutrition (EON) Pvt Ltd

    As per the latest report by McKinsey by 2030, India needs to generate 90 million non-farming jobs over the next decade, which is possible if the GDP growth remains consistently above 8%. The recent GDP growth has been just 4%. With above context and with the world’s largest immunisation drive already underway, economic recovery is the major focus of Budget 2021. I see the Government is able to take great effort to address the same in the following way: 

    1)Increase in capital expenditure 

    2)Tax stability 

    3)Privatisation 

    4)higher gov expenditure

      Negatives 

    1)Changes in tariff was not essential  

    Overall transparent budget with fair effort.