The Union Budget 2024 reflects a strong commitment towards a “Viksit Bharat” vision, with a significant focus on enhancing infrastructure and stimulating economic growth. Notably, there is a marked increase in budget allocation for rural development, which aims to improve connectivity between urban and rural areas and expand into new markets.
The emphasis on the development of rural regions is promising for overall economic progress. Additionally, the special attention given to MSMEs is particularly encouraging for us as part of the start-up ecosystem. We commend the government’s initiatives to foster entrepreneurship and support the growth of small and medium-sized enterprises. We appreciate these efforts and look forward to the positive impacts on our industry and the broader economy.
A day before yesterday, we had a discussion on one of the news channel about the expectations for the Union Budget, and as I mentioned, we hoped for the removal of the angel tax. The government’s decision to abolish this tax is highly appreciated, and we are truly thankful for this move.
