News Desk, News Nation 360 : Ambuja Neotia Group Chairman Harshavardhan Neotia said it was good to hear of the vision for a new India through an encouraging regulatory regime with light-touch governance in the budget. He especially welcomed incentives for the hotel, travel, and tourism sectors, which included infrastructure funding in some cases, collaboration with state governments, and noted growth and consumption orientation of the budget with tax cuts in consumer-oriented sectors. Alok Garodia, MD of Jupiter International, which is a manufacturer of solar cells, said the budget has remained committed to sustainable growth and clean technology manufacturing, particularly the new clean tech mission under Make in India. He feels this will strengthen domestic solar manufacturing and reduce import dependency. Pankaj Dhanuka, CEO of Fusion CX, referred to the budget as a new dawn for "Viksit Bharat" and highlighted its focus on AI and the big allocation for the Centers of Excellence. He further added that talent development in Tier 2 cities has been well emphasized, as well as the five levers of growth laid out in the budget. Mahesh Agarwal, MD of Purti Realty, appreciated the budget for taking steps forward for promoting homeownership and infrastructure. He welcomed the simplified tax benefits for self-occupied properties, the increased tax exemption limit, and the government's support for states through interest-free loans for capital expenditure. Agarwal also acknowledged the Asset Monetization Plan and the Urban Challenge Fund as positive steps towards long-term development and urban transformation.
Pic - Courtesy
