We are optimistic that this budget will strengthen the fintech ecosystem, enabling affordable credit solutions for the broader population.
Enhanced Subsidies: Expansion of the FAME (Faster Adoption and Manufacturing of Electric Vehicles) scheme to provide higher subsidies for both commercial and personal EVs. Tax Benefits: Additional tax ...
This will not only boost economic activity but also create substantial employment opportunities, especially in semi-urban and rural areas.
Among the primary expectations are enhanced tax reliefs, increased funding, and the long-awaited grant of industry status to real estate.
Streamlining complex filing requirements is essential to reducing operational costs and enabling MSMEs to scale effectively.
From a market perspective, it is essential to strike a balance between growth-centric spending and fiscal prudence.
Increased access to affordable credit remains essential for our farmers.
Dedicated Kisan Rails for perishables will further support agricultural supply chains.
The burgeoning space tech industry, driven by advancements in satellite development, launch capabilities, and space exploration, offers significant potential for innovation and investment.
Looking ahead, we see significant opportunities to further strengthen the sustainability of Indian agriculture.
Equally important is the emphasis on micro, small, and medium enterprises (MSMEs), which are the backbone of our economy.
In the earlier budgets, the Government has announced programs and initiatives to support MSMEs and we expect that to continue.