Budget Reaction
Budget 2023-24 continues from the last year which steered India through toughest periods faced by mankind: BSE MD & CEO Sundararaman Ramamurthy
Mumbai/IBNS: The Budget of 2023 continues from the earlier budgets which successfully guided India during one of the toughest periods for mankind, with a continued focus on Aatmanirbhar Bharat and Amrit Kaal, said BSE MD & CEO Sundararaman Ramamurthy reacting to the Budget.
As a result of a consultative and inclusive process, suggestions and feedback received from various stakeholders, have been factored in, wherever possible, Ramamurthy said.
Various areas of national importance have received their due focus - MSME sector, Infrastructure building which fuels economic development, Ease of doing business which attracts foreign participation and domestic capital creation, Green energy, Tourism, export orientation using custom duty rationalisations, harnessing the power of youth, etc, he commented.
‘Shri Anna’ brings a novel concept to food safety, nutrition and self-sufficiency. Personal taxation has received its well-deserved attention too, bringing a smile on the face of the common man.
To top it all, strict adherence to prudent fiscal management while keeping the pedal on the accelerator for long-term structural growth initiatives, which in our view, is the hallmark of this Budget, he said.
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