Union Budget 2023 Reaction Statement- Ms Monalisha Thakur, Co-founder & CMO at Tummoc
The Mahila Samman Bachat Patra scheme is a great initiative for blue-collared women employees as it allows them to save more not only for themselves but for their families. The scheme can also be used to allow parents to save more for girl children thus taking a step towards securing their futures. A rate of interest of 7.5% allows them to beat inflation, thus giving them a better chance during rough economic conditions. There are also a number of other initiatives announced in the budget that are a step in the right direction. Especially the priority given to ‘Green Growth’ which will only lead to a cleaner, greener tomorrow for society as a whole.