Budget Reaction Quotes
Spokesperson Details:- Padmaja Ruparel (Co-founder of Indian Angel Network & Founding Partner, IAN Fund)
IAN is glad that our demand for an expert committee to look at regulatory frameworks for the VC industry is addressed in the Union Budget 2022. This budget opens up huge opportunity for start-ups across Defence, Agriculture, Drone, Fintech and mobility sectors. The focus on digitization across sectors will lead the way towards innovation for start-ups. Introduction of digital rupee using blockchain and other technology will further boost opportunities for start-ups in India. We appreciate the FM’s empathy, in light of covid, by extending the period by a year for startups to avail tax incentives.
Spokesperson Details:- Ashish Agarwal (Director & CEO at SEROS Logistics)
We at Seros Logistics welcome and support govt mission towards a sustainable future. Government commitment towards Capex hike of 35.4% and a focus on smart expenditure has ensured the acceleration of what the economy has received will continue. As announced in the interim budget 2022, India has emerged as the fastest highway developer in the entire world. The Gati Shakti master plan for expansion of highways/expressways by 25,000 kms in FY23 will go a long way for the logistic sector which will not only boom transport but will also strengthen connectivity between Urban and Rural sectors. Introduction of 100 Cargo Terminals under PM Gati Shakti will boost supply chain for local products and enable efficient logistics for small farmers & enterprises. Focus on green logistics by supporting the EV Market and addressing energy transition and climate action & financing of investments in this space is a brilliant step
Spokesperson Details:- Tanmay Kumar (Chief Financial Officer, Shiprocket)
We appreciate Government’s empathy towards the start-ups by extending the period by a year for start-ups to avail tax incentives around the tough times of Covid. The announcement of ‘One station, one product’ under the PM Gati Shakti plan will help the supply chain of local products. The budget has focused on the development of infra projects which will boost the logistics system in India and will help us to become enablers of an effective logistic system. The Government has emphasized on digitization of payments and it’s a good news for small businesses and entrepreneurs who wants to start their business.
We appreciate Government’s empathy towards the start-ups by extending the period by a year for start-ups to avail tax incentives around the tough times of Covid. The announcement of ‘One station, one product’ under the PM Gati Shakti plan will help the supply chain of local products. The budget has focused on the development of infra projects which will boost the logistics system in India and will help us to become enablers of an effective logistic system. The Government has emphasized on digitization of payments and it’s a good news for small businesses and entrepreneurs who wants to start their business.
Discover more from tennews.in: National News Portal
Subscribe to get the latest posts sent to your email.
