Jai Decosta, Founder and CEO, K12 Techno Services :
“We welcome the 2023 budget presented by our Finance Minister, Nirmala Sitharaman. As far as the education sector goes, the focus has been on digital and employment.FM has mentioned hiring teachers and support staff for the education sector which will definitely improve the education system in not only urban cities but also in the rural part of the country.By introducing National Digital Library and physical libraries, it is evident that the government wants school students to ensure reading is a major activity among them as well as make up for the pandemic learning loss.We also welcome the FM’s initiative of empowering women and green initiatives through this budget.It was nice to see that the government is focused on making life a bit easier for salaried employees by increasing the basic exemption limit to Rs 3lakh under the new tax regime.”
Subir Ray Chaudhuri, Managing Director and CEO, Progressive Associate :
“Economic development of our country has been silently changing its course from appeasement to enablement. This enabling has led India to the 5th economic ranking in the world from the 10th position, 9 years ago. Considering that this is the last budget of the current government before the general elections in 2024, everyone expected a budget that will appease various sections of the society. The budget 2023 turned out to be one of the most enabling budget for India and Indians. It is indeed great to see that the Government realises that road and railway network is critical to the growth of the country. If we delve deeper into the subject, the focus areas shall lead India in becoming a stronger economy, help us in attracting investments around the world, thereby creating more manufacturing industries and finally hitting the right chords of TEM (Total Employment Multiplier) & TIM (Total Income Multiplier). The budget 2023 is a message to everyone that says ENABLING can happen by creating opportunities and not by donations.”
