Sanjay Chatrath, Managing Partner, Incuspaze
Arjun Gulati, Co-founder, EasyDesq
“As India enters its Amrit Kal, the government of India has propelled us into a year of economic pursuits with the Budget 2023. With the proposed changes, India will be among the fastest-growing major economies in 2023 and the coming years.”
“The budget, with its focus on startups and entrepreneurial ventures, has its sight set on furthering India’s position as the world’s 3rd largest startup ecosystem. This budget also takes Prime Minister Narendra Modi’s vision of a Digital India a step ahead by focusing on AI and IoT and increasing our digital prowess through innovative technologies.”
“Aligned with the G20 theme of “Vasudev Kutumbakam”, the budget has also promised the completion of 80 lakh houses under PM Awas Yojana (PMAY), for which the government has allotted Rs. 48,000 crores. The outlay of the PMAY is also being enhanced by 66 per cent to over Rs 79,000 crores. Additionally, homebuyers will get elbow room to purchase due to the extension of Credit Linked Subsidy Scheme (CLSS). This move also addresses resolving the urban housing shortage among low and middle-income groups and promoting homeownership among women.”
“With a significant focus on the Saptrishi arena, this budget is highly growth-focused and is undoubtedly a step to tap India’s economic potential.”