Further to the Union Budget presented by our Finance Minister, Mr. Arun Jaitely, please find below the response on behalf of Mr. Arvind Bali, Director & CEO, Videocon Telecom for your perusal.
Mr. Anil Chaudhry, Country President and Managing Director, Schneider Electric India on the Union Budget 2015-16. “The Union Budget 2015-16 has created a sustainable growth momentum by focussing on allocations for infrastructure
“It is a well thought through and balanced budget with lots of positives. The FM has clearly set the tone to kick-start the economy with Public and Infrastructure spending whilst emphasizing the
Raju Vanapala, Founder and CEO, LearnSocial.com “This time, the Finance Minister has given special attention to the IT and ITes sector. The announcement of Rs 1000 crore for promotion of start-ups is
The budget is pro investment, lays down tax framework very clearly and should make India a lot more attractive destination for FDI. Reduction in corporate tax to 25% over the next four
“Though there was no specific announcement on reducing Import duty on project imports or encouragement of energy saving products, we at Anchor believe that the overall direction of the budget was consistent
Rodney Noonoo, CFO, Xerox India The Union Budget 2015-16 is a positive budget and step in the right direction. I appreciate the fiscal discipline and intent to reduce the fiscal deficit that
“The Union Budget 2015-16 is a breakthrough budget and sets pace for fast growth economic trajectory through a robust financial framework. We are delighted that the budget has fulfilled the wish list
Anil Valluri, President, NetApp India & SAARC “The budget by the Finance Minister, Mr. Arun Jaitley is a bold and an assertive one. We are pleased to know that local businesses and
“In continuation of the PM Jan Dhan Yojana, we believe that this is an additional positive push to promote cash-less transactions and usage of digital money. The digitization of money at lower
“Government’s make in India initiative has been initiated to encourage the local manufacturers. But in contrast I believe the budget has been quite disappointing. Presently, the import duty is extremely high. Even
“Overall the budget is well structured. The announcement regarding bridging the digital divide between the urban and rural India is a welcome move. The announcement of allocating Rs 150 core to create
