In terms of the overall budget, I think the Finance Minister did a fantastic job finding, a delicate balance between being fiscally responsible and encouraging growth, especially given that we have not yet fully escaped from the pandemic’s shadow. The budget has outlined a number of excellent policies that support infrastructure greatly, encourage manufacturing, and address important growth-promoting cohorts like MSMEs, youth, and even the startup scene. The budget has placed a lot of emphasis on capital spending and personal taxation, also a revamped loan guarantee programme for MSMEs with an infusion of Rs. 9000 crores would shield businesses from the burden of rising interest rates.
However, the budget includes a number of important reform proposals and budgetary measures that will promote social and economic progress.
– Instahyre- Co-Founder & CBO, Mr.Sarbojit Mallick stated