Hey Pune, here’s a breakdown of the Budget 2024 presented by Union Finance Minister Nirmala Sitharaman and what it means for various sectors in the city.
- Baba Kalyani, Bharat Forge Ltd: Kalyani commended the budget for its focus on natural farming, job creation, and MSMEs. He also appreciated the government’s initiatives on skilling, urban development, and infrastructure creation.
- Prakash Chhabria, Finolex Industries Ltd: Chhabria praised the budget for its emphasis on manufacturing, agriculture, and infrastructure development. He highlighted the credit guarantee scheme for MSMEs and the promotion of natural farming as positive steps.
- Dr Ajit Ranade, Gokhale Institute of Politics and Economics: Dr Ranade welcomed the budget’s focus on employment creation, apprenticeships, and student loans. He also noted the importance of investment in infrastructure and human capital for India’s long-term economic growth.
- Vidyadhar Purandare, SEAP: Purandare found the budget encouraging, especially the abolition of angel tax for investors and the corporate tax relief for foreign-owned companies. He also mentioned the need for a strategy on the SEZ scheme and the DESH bill.
- Dr Pramod Chaudhari, Praj Industries Limited: Chaudhari appreciated the budget’s focus on Garib, Yuva, Annadata, and Nari, as well as its initiatives for energy transition and manufacturing sector development.
- Abrarali Dalal, Sahyadri Hospitals: Dalal highlighted the budget’s allocation for healthcare and the removal of basic customs duty on critical cancer treatment drugs as positive steps.
- Tapan Singhel, Bajaj Allianz General Insurance: Singhel noted the budget’s investments in agriculture, infrastructure, and employment as opportunities for the insurance sector to grow and provide employment.
- Sachin Bhandari, VTP Realty: Bhandari discussed the impact of the budget on the real estate sector, noting both positive and negative implications for developers and investors.
- Niranjan Kirloskar, Fleetguard Filters Pvt. Ltd: Kirloskar praised the budget for boosting economic growth, sustainability, and inclusivity, especially through its focus on skilling, employment, and R&D.
- H P Srivastava, DCCIA: Srivastava highlighted the budget’s focus on creating employment through the Social Security Scheme and the Prime Minister’s Internship program.
- Dr Preeti Joshi, SBUP: Joshi appreciated the budget’s initiatives for higher education, including e-vouchers for loans and skill development programs for youth.
- Dr. Maithili Tambe, TAS: Tambe commended the budget’s allocation for education, employment, and skilling, noting its importance in empowering the nation’s youth and enhancing educational opportunities.
Overall, the Budget 2024 seems to have received a positive response from various sectors in Pune, with many stakeholders appreciating the government’s focus on inclusive growth, infrastructure development, and job creation.
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