NEW DELHI, 01 February 2024: Commenting on the Interim Union Budget 2024-25 announced by the Finance Minister earlier today, Dr Anish Shah, President, FICCI said, “The Interim Budget is a clear and outcome-based continuum towards Viksit Bharat. It brings together growth, climate, and social empowerment, while maintaining a careful balance between current investment rate and fiscal discipline.”
“Enabling States to adopt reforms for Viksit Bharat will seize the momentum created from the Centre towards Amrit Kaal. Focus on Blue Economy, expanding and strengthening the EV ecosystem, domestic tourism, and multi-modal logistics will propel India towards the vision of a developed nation by 2047,” added Dr Shah.
“The Interim Budget recognizes Innovation as a key driver for growth through introduction of a significant corpus of Rs 1 lakh crore for offering fifty-year interest free loan to scale up R&D in sunrise domains. The fiscal performance bodes well for country’s macroeconomic stability and investor confidence,” he concluded.
