New Delhi: Former NITI Aayog CEO Amitabh Kant commends the interim budget, emphasizing its reflection of inclusive growth and the government's commitment to micro-economic fundamentals, financial discipline, and capex expenditure. Ajay Singh, CMD SpiceJet and President of ASSOCHAM, applauds the India-centric budget, highlighting the government's confidence in achieving a 5 trillion-dollar economy by 2025 and a developed nation by 2047. He appreciates the increased infrastructure spending, the emphasis on clean energy, technology, and digital infrastructure, foreseeing India's leadership in these areas. Meanwhile, Naina Lal Kidwai, former President FICCI & Chair ISC, commends the fiscal prudent measure of maintaining a fiscal deficit of 5.1%, emphasizing the unexpected reduction and the simultaneous increase in capital expenditure.
Sudhir Pai, CEO of Magicbricks, reacts to the budget's impact on the real estate sector, acknowledging the focus on enhancing economic, digital, and social infrastructure under the PM Awas Yojana. While lauding the commitment to advancing the "housing for all" vision with two crores more houses in the next five years, Pai suggests additional measures like tax breaks to balance the surge in demand and rising residential prices. Overall, the interim budget's emphasis on infrastructure development across sectors aims to improve the livability index and promote homeownership.
Former CEO of NITI Aayog, Amitabh Kant, and ASSOCHAM President Ajay Singh commend the interim budget for its focus on inclusive growth and increased infrastructure spending. Naina Lal Kidwai appreciates the fiscal prudent measure of maintaining a fiscal deficit of 5.1%. Sudhir Pai, CEO of Magicbricks, acknowledges the budget's impact on the real estate sector, emphasizing the commitment to advancing the "housing for all" vision and suggesting additional measures for sustainable growth.
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