Industries Voice Their Budget Desires A Look at Sectoral Expectations for Union Budget 2024-25

Industries Voice Their Budget Desires: A Look at Sectoral Expectations for Union Budget 2024-25

The Federal Budget 2024-25, scheduled for July 23, is attracting attention from every corner of the Indian economy. A wide range of industries, such as infrastructure, IT, telecommunications, agriculture, healthcare, human resources, and education, are strictly alert, expecting government's fiscal strategy to form their future. In this paper, based on pre-budget discussions, industry reports, and insights obtained from the evaluation of experts, the leaders in each industry for the 2024-2025 budget will verify the central hope and prediction of each industry.

Arlundati Batachariya Sales Force India President and CEO Technology industry made a major change last year. As a leader in the technology industry, we hope that the budget will recognize the role of an IT sector that creates hig h-wage employment while improving efficiency and productivity. The thickness of Indian IT human resources is well known, but it is necessary to deepen the game due to appropriate bypass initiatives and improving business ease of business. At the same time, it is necessary to explore how IT can be used to create further employment, such as improving citizen services, responding to larg e-scale population needs, and contributing to the level of living standards.

AI is everywhere today, and we are trying to solve AI as a whole and have a major positive effect on all industries. In order to maintain a dynamic growth and fair distribution of wealth, it is essential to build appropriate skills in the production age population. There are many resources that can be used to improve skills, but it is especially important to standardize them and use them widely in level 3, tier 4 and rural areas.

Second, encouraging the introduction of technology to local industries, which is currently in short supply, can help promote international competitiveness and significantly improve productivity. For many years, the government itself has demonstrated the immeasurable power of technology introduction through the success of platforms such as COWIN, UIDAI, UPI, and Digiyatra. The government needs to introduce a successful example to promote the spread of cuttin g-edge technology in the local industry. Of course, there is plenty of room for the government to expand technology to provide excellent services to the people, accelerate infrastructure development, and eliminate the leakage of subsidies. The Federal Budget 2024-25, scheduled for July 23, is attracting attention from every corner of the Indian economy. A wide range of industries, such as infrastructure, IT, telecommunications, agriculture, healthcare, human resources, and education, are strictly alert, expecting government's fiscal strategy to form their future. In this paper, based on pre-budget discussions, industry reports, and insights obtained from the evaluation of experts, the leaders in each industry for the 2024-2025 budget will verify the central hope and prediction of each industry.

Second, encouraging the introduction of technology to local industries, which is currently in short supply, can help promote international competitiveness and significantly improve productivity. For many years, the government itself has demonstrated the immeasurable power of technology introduction through the success of platforms such as COWIN, UIDAI, UPI, and Digiyatra. The government needs to introduce a successful example to promote the spread of cuttin g-edge technology in the local industry. Of course, there is plenty of room for the government to expand technology to provide excellent services to the people, accelerate infrastructure development, and eliminate subsidies. The Federal Budget 2024-25, scheduled for July 23, is attracting attention from every corner of the Indian economy. A wide range of industries, such as infrastructure, IT, telecommunications, agriculture, healthcare, human resources, and education, are strictly alert, expecting government's fiscal strategy to form their future. In this paper, based on pre-budget discussions, industry reports, and insights obtained from the evaluation of experts, the leaders in each industry for the 2024-2025 budget will verify the central hope and prediction of each industry.

AI is everywhere today, and we are trying to release AI as a whole and have a major positive effect on all industries. In order to maintain a dynamic growth and fair distribution of wealth, it is essential to build appropriate skills in the production age population. There are many resources that can be used to improve skills, but it is especially important to standardize them and use them widely in level 3, tier 4 and rural areas.

For the next few years, sustainable growth and employment creation are important priority issues in the country, and technology can be the biggest factor in achieving these goals. India has emerged as a global hub for technology human resources and has emerged as a priority destination for the Global Center of Competence (GCC). Taking measures to make the path smooth will ensure business ease of business and promote innovation from India. Simplifying the heavy burden requirements is very useful in accelerating India's growth. For example, GCC creates employment and expresses the multiplier effect, consumption, and secondary employment in its ecosystem. "

Simplilearn's highest finance manager Veerasundar V. "Expectations for budget in 2024-2025 are to prioritize the integration of digital infrastructure and the integration of AI in education. Digital learning center in areas that are not covered by districts Development will fill the gap in access.

In addition, focusing on advanced technologies and innovative approaches, the government is expected to provide continuous support for initiatives that give power to both teachers and students. You should also refer to success models in other countries, such as the Singapore skill fuucer program. In this program, there is a tax incentive measure that encourages individuals to acquire skills and build rewarding careers, which can provide India in the future.

If the government reconsider 18 % of the GSTs for educational products, the burden on the middl e-class family will be reduced. In addition, if you have subsidies and tax reduction measures for tablets and laptops, you will be able to buy more affordable and more comprehensive and technical educational systems nationwide. For the next few years, sustainable growth and employment creation are important priority issues in the country, and technology can be the biggest factor in achieving these goals. India has emerged as a global hub for technology human resources and has emerged as a priority destination for the Global Center of Competence (GCC). Taking measures to make the path smooth will ensure business ease of business and promote innovation from India. Simplifying the heavy burden requirements is very useful in accelerating India's growth. For example, GCC creates employment and expresses the multiplier effect, consumption, and secondary employment in its ecosystem. "

If the government reconsider 18 % of the GSTs on educational products, the burden on the middl e-class family will be reduced. In addition, if you have subsidies and tax reduction measures for tablets and laptops, you will be able to buy more affordable and more comprehensive and technical educational systems nationwide. For the next few years, sustainable growth and employment creation are important priority issues in the country, and technology can be the biggest factor in achieving these goals. India has emerged as a global hub for technology human resources and has emerged as a priority destination for the Global Center of Competence (GCC). Taking measures to make the path smooth will ensure business ease of business and promote innovation from India. Simplifying the heavy burden requirements is very useful in accelerating India's growth. For example, GCC creates employment and expresses the multiplier effect, consumption, and secondary employment in its ecosystem. "

Dr. Mayur Sundalaja n-Superfan (India's first supe r-energ y-saving BLDC fan company) CEO The need for capital distribution to hig h-energy efficiency technologies Innovation of energy is a major possibility that the power network and carbon dioxide emissions can be reduced, and a company that operates a business with a green approach and incentives and tax preferences. Providing will accelerate the mission of India to achieve the Internet by 2070, for example, a subsidy for solar energy and wind energy technology. If you take tax reduction measures for companies that invest in green infrastructure, you can further promote the spread of sustainable methods and to establish a large amount of solar and wind energy systems. By providing, it can help greening small and mediu m-sized enterprises and warehouses, reducing carbon dioxide emissions and operating costs.

Consumers contribute greatly to carbon discharge as a whole. Previously, lighting contributed to home energy consumption significantly, but the spread of LED technology has almost alleviated this problem. However, the increase in energy costs associated with the heat of human heat due to the expansion of the middle layer, the rise in prices, and the abnormal weather due to climate change are new tasks. In order to deal with this, the budget should focus on tax deduction and tax cuts for home appliances and endurance consumer goods with high energy efficiency. In order to overcome this task and achieve the internet zero, it is essential to encourage families to cover the needs of heat cooling with such high energy efficiency. Such measures not only reduce overall carbon dioxide emissions, but also reduce consumer energy costs in the long term. "

Shashws TR, a c o-founder and CEO of Mind Globe Technologies, stated: "It has been proven that the PLI project is a great intervention. The next step will strengthen the focus on the plan. In this regard, the increase in the DLI scheme will be effective. The final goal is the local area. Build a supply chain and put India on a semiconductor map of the world Regarding the necessity, "As the energy consumption increases due to changes in climate conditions, the innovation of renewable energy and nuclear energy may be greatly possible to reduce the pressure of the transmission network and the carbon dioxide emission. Promoting and providing incentives and tax incentives to companies that operate a business with a green approach will accelerate India's mission, for example, to achieve the Internet. Subsidies in the research and development of energy and wind energy technology can spur the development of these fields, and if you take tax reduction measures for companies investing in green infrastructure, we will promote the spread of sustainable methods. Furthermore, by providing a large amount of funds for the quick development and installation of sunlight and wind energy systems, reducing carbon dioxide emissions and operating costs. Can do.

Shashws TR, a c o-founder and CEO of Mind Globe Technologies, stated: "It has been proven that the PLI project is a great intervention. The next step will strengthen the focus on the plan. In this regard, the increase in the DLI scheme will be effective. The final goal is the local area. Build a supply chain and put India on the world's semiconductor map of Mayur Sundar a-Superfan (India's first supe r-energ y-saving BLDC fan company) "As the energy consumption increases due to changes in climate conditions, the innovation of renewable energy and nuclear energy may be a major possibility to reduce the pressure of the transmission network and the carbon dioxide emission. Promote sustainable practices. Providing incentives and tax incentives to companies that run a business with a green approach will accelerate the mission of India, for example, to achieve the Internet. Subsidies in energy technology R & D can spur the development in these fields, and companies that invest in green infrastructure can promote the spread of sustainable methods. In addition, by providing a large amount of funds for the quick development and installation of the solar energy system, it can reduce carbon dioxide emissions and operating costs.

In addition, funding for launching abilities development programs and caree r-based workshops at the Career Center and Research Institute will be necessary to eliminate semiconductor labor demand gaps.

Klugklug c o-founder and CPO VAIBHAV GUPTA are optimistic about the continuous growth and support of the creator economy in India, with the following budget: With the budget so far, the government has acknowledged that digital platforms and content production have a significant impact, but we will focus more on dealing with the unique issues facing influencers and marketers. Is required. The previous budget introduced a measure to improve digital infrastructure and Internet penetration, which is important for creator economy. Continuous investment in digital infrastructure is indispensable for the expansion of creator economy. In the past budget, creators have focused on the spread of the Internet, which is essential to reaching more audiences, and improving the connection. Further improvements in the speed, accessibility, and affordable prices will enable more people to participate in the digital economy. "

"We hope that the Federal Budget in 2024 will continue to encourage an environment that enables technological innovation," said Pankaji K. Arrora, a c o-founder of WhileWhilterai. Focusing on the creation of the economy, we have emphasized the need for startups and the need for ethical guidelines for startup companies. It is a core, and the government should simplify the regulatory process, provide tax incentives, and further improve the funding of the Early Stage. In order to ensure responsible growth and development, we need a clear and forced ethical guidelines to ensure ethical guidelines. In addition to the research and development, investment in the skill development program, and the construction of publi c-private partnerships, Career Center and Research Institute are semiconductors. It will be a necessary boost to eliminate the work demand gap.

"We hope that the Federal Budget in 2024 will continue to encourage an environment that enables technological innovation," said Pankaji K. Arrora, a c o-founder of WhileWhilterai. Focusing on the creation of the economy, we have emphasized the need for startups and the need for ethical guidelines for startup companies. It is a core, and the government should simplify the regulatory process, provide tax incentives, and further improve the funding of the Early Stage. In order to ensure responsible growth and development, we need a clear and forced ethical guidelines to ensure ethical guidelines. In addition to research and development, investment in the Skills Development Program, and the construction of publi c-private partnerships, we will launch a semiconductor labor demand for the ability to develop the ability development program and the research center. It will be a necessary boost to resolve the gap.

"We hope that the Federal Budget in 2024 will continue to encourage an environment that enables technological innovation," said Pankaji K. Arrora, a c o-founder of WhileWhilterai. Focusing on the creation of the economy, we have emphasized the need for startups and the need for ethical guidelines for startup companies. It is a core, and the government should simplify the regulatory process, provide tax incentives, and further improve the funding of the Early Stage. In order to ensure responsible growth and development, we need a clear and forced ethical guidelines to ensure ethical guidelines. We strongly seek research and development, investment in skill development programs, and building publi c-private partnerships.

With the Union Budget 2024 just around the corner, Gautam Madhavan, founder and CEO, Mad Influence, is hopeful of policies that will boost the digital economy. Previous budgets have focused on expanding digital literacy and internet access, with the Bharatnet project aiming to connect 2. 5 lakh gram panchayats with optical fibre. Expanding internet infrastructure and promoting digital literacy, especially in rural areas, will enable more people to participate in the digital economy. These measures will boost the growth of the influencer marketing industry and contribute to broader economic growth.

As the nation eagerly awaits the next budget, Dr Sanjeev Singh, superintendent, Amrita Hospital, Faridabad, said the health sector remains a focal point of discussion. The health sector is not only a key component of public welfare but also a major contributor to the country's GDP. Currently, the health sector accounts for around 1. 7% of the GDP.

With strategic investments and reforms, this contribution can be significantly increased. The budget should aim to increase the health sector's contribution to GDP to around 5% in the coming years.

Invest in health infrastructure Increased budgetary allocation is essential for building and upgrading hospitals, clinics and diagnostic centres. This investment will not only improve access to health services but also enhance the overall quality of care provided to patients.

Under the Digital Health Mission, efforts are underway to introduce digital health record systems, ensuring seamless access to patient data and improving and ensuring continuity of care.

Focus on preventive health, where funds are spent on preventive measures such as vaccination activities, public health campaigns and regular health check-ups, can reduce the long-term burden on the health system. Campaigns on hygiene, nutrition and regular health check-ups need to be launched.

Promote medical research and innovation Budgetary allocation should be made for research into cutting-edge areas such as genomics, personalized medicine and artificial intelligence in health.

Strengthen the health workforce It is essential that the budget includes funding for training and development programmes for doctors, nurses, technicians and support staff.

Publi c-private PPP provides financial incentives and simplified regulations, and enhances the overall efficiency and efficacy of medical provision by providing partnerships of expertise and funding.

By focusing on infrastructure, preventive medicine, research, human resource development, and promotion of publi c-private partnerships, you can build a elastic and strong medical system and change medical care.

Nemetzek Group Indian Astra Continent Vice President Nirmaruya Chatarzie "The new accounting year has reached the continuation of the growing agenda ordered by the government, and the construction, engineering, and construction (AEC) sector is expected. I am expected. I am expected. Expectations for our budget are formed by urbanization and infrastructure development throughout India, creating an environment that enables the growth of the AEC industry. But we expect to increase the distribution to technolog y-based solutions that enhance the efficiency and accuracy of the project. Investment in the system is ready to support these initiatives by providing advanced software solutions. We anticipate that the ratio of digital transformations will be higher in addition to the purpose of reducing costs and time while improving quality and safety. This shift is likely to increase the amount of money for environmentally friendly materials. By providing a simplified regulation framework and bringing a partnership between expertise and funding, the overall efficiency and effectiveness of medical provision will be enhanced.

Nemetzek Group Indian Astra Continent Vice President Nirmaruya Chatarzie "The new accounting year has reached the continuation of the growing agenda ordered by the government, and the construction, engineering, and construction (AEC) sector is expected. I am expected. I am expected. Expectations for our budget are formed by urbanization and infrastructure development throughout India, creating an environment that enables the growth of the AEC industry. But we expect to increase the distribution to technolog y-based solutions that enhance the efficiency and accuracy of the project. Investment in the system is ready to support these initiatives by providing advanced software solutions. We anticipate that the ratio of digital transformations will be higher in addition to the purpose of reducing costs and time while improving quality and safety. This shift is likely to increase the number of environmentally friendly projects to the highest in energy. By providing a framework of regulations and providing a partnership between expertise and funding, it enhances the overall efficiency and effectiveness of medical provision.

By focusing on infrastructure, preventive medical care, research, human resource development, and promotion of publi c-private partnerships, you can build a elastic and strong medical system and change medical care.

"Expectations for the next federal budget for the next federal budget under the new administration are expanding the mortgage loan reservation slots in the new administration, especially from the viewpoint of greatly affecting the efforts of affordable housing. The industry is focused on not only to make the housing market easier, but also to stimulate the growth of the housing market. This is an important opportunity for more reasonable housing to promote and implement measures to greatly contribute to the recovery of the Indian economy. In order to make it, it is essential to carefully consider the announcement of the property in the affordable housing department in urban areas. be."

As the founder Vichard Laqua's federal budget approaches, the real estate industry is hoping for efforts to improve urban infrastructure and improve connectionability. Despite the issues such as si x-year prices and interest rates, such an initiative can boost the demand for residential and commercial real estate based on the unprecedented growth found in 2023. The success of the housing market, which has a record high in housing sales and sales, is expected to last 2024. However, high economic growth and mortgage interest rates are expected to decrease, which can slow down.

Every year, the real estate industry has submitted an ambitious request list to the Ministry of Finance, such as improving the status of the housing industry and setting up a project window. The main demands have not changed this year and emphasize their urgency. In particular, raising the tax deduction in Article 24 from 2 rupees to at least 5 rupees may stimulate the affordable housing market. It is essential to revive and extend the expired preferential measures for developers and consumers to promote affordable housing construction and acquisition. The government should also consider coordinating affordability spending in affordable houses in cities to reflect the current market. Gitan Jari Home State founder Snil Sisodiya "Expectations for the next federal budget under the new administration are particularly advanced from the perspective of greatly affecting affordable housing. The industry is focusing on the possibility of expanding the reservation, but also hopes to stimulate the housing market. It is an important opportunity for customers to build more affordable houses to promote the recovery of the housing industry and implement measures to greatly contribute to the recovery of the Indian economy. In order to be able to obtain, it is essential to regulate and expand important preferential treatments such as tax reductions, and carefully adjust the prices of the property in the affordable housing department in urban areas. You should consider it.

Every year, the real estate industry has submitted an ambitious request list to the Ministry of Finance, such as improving the status of the housing industry and setting up a project window. The main demands have not changed this year and emphasize their urgency. In particular, raising the tax deduction in Article 24 from 2 rupees to at least 5 rupees may stimulate the affordable housing market. It is essential to revive and extend the expired preferential measures for developers and consumers to promote affordable housing construction and acquisition. The government should also consider coordinating affordability spending in affordable houses in cities to reflect the current market. "Expectations for the next federal budget under the new administration, a mortgage reservation frame for greatly boosting houses at the new administration," The Expectations for the next federal budget under the new administration are greatly supported. The industry is focusing on the possibility of expanding, but also hoping for the growth of the housing market. This is an important opportunity for more reasonable housing to build more affordable houses to promote recovery and implement measures to greatly contribute to the recovery of the Indian economy. In order to do so, it is essential to carefully consider the announcement of the property in the affordable housing sector in urban areas. ""

So far, SANCHICONNECT, CEO, Sunil Shekhawat, has been focusing mainly to academic and government agencies to promote and nurture startups. Private sector contributions are often limited to CSR spending through these institutions. At present, it is urgently needed to consider specific measures to promote the operation of institutions that support emerging companies beyond the scope of subsidies from the government. STARTUP INDIA Initiative was a huge success and was positioned in the world's third largest startup ecosystem. Recent trends are highlighting the qualitative progress of solutions developed by emerging companies. Following the success of SaaS, DeepTech will make India even more prominent in the world's startup scene. We need more initiatives in which India's startups are on par with overseas startups and provide opportunities to introduce their solutions on a global platform. In recent years, we have made a major progress in the simplification of emerging companies, especially with the compliance system. However, there is still room for improvement. The complexity of the daily compliance of emerging companies is unique, incomparable to small and mediu m-sized businesses and existing companies.

Foot Prinz Child Care C o-founder and CEO, Radi Singal India is being prepared for the Federal Budget in FY2024, and in the field of childcare and education is expected to be significant reforms to improve infrastructure and accessibility. I am. We recognize that early childhood education plays an important role in forming the future of the country, and hopes that the government will continue to focus on early childhood education. Furthermore, by focusing on technical integration, expertise development, and teachers' level up, we will foster young people who can meet the demand of industries 4. 0 along the National Educational Policy 2020.

Childcare, a gear that is essential for women's labor participation, requires multiple tax incentives, such as reducing the number of added value tax on childcare to 5 % and deduction for childcare expenses. We hope to have a policy to secure a reliable foundation for India's economic growth by supporting affordable childcare services, improvement of educational facilities, and efforts to correct skill gaps. These measures will not only promote the expansion of employment opportunities, but also contribute to the overall development of young people, which is essential to achieving the $ 5 trillion US economy.

Nishant Sinsinwar, Homie Studio & amp; Projects Makers The real estate sector is looking forward to proactive measures in the 2024 Budget that will boost growth and sustainability. We expect a reduction in GST rates on construction materials, which will lead to a reduction in overall construction costs and, in turn, property prices. In addition, the introduction of a single window clearance system for project approvals can significantly reduce project delays and boost investor confidence. Furthermore, we support policies that promote affordable housing, such as increasing allocation of state land for affordable housing projects and restoring tax incentives for developers focusing on this sector. By implementing these measures, the government can help address the housing gap and aid in the recovery of the housing sector post-pandemic.

The Indian economy is growing at a rapid pace, with GDP growth reaching 7. 2%. With the Union Budget 2024-2025 due to be announced next week, the real estate sector is hoping for reforms that will not only benefit developers but also ease access to home ownership for all.

There is also a clear need for tax relief for both homeowners and investors. The government should increase the annual deduction limit on home loan interest payments from Rs 2, 000 (currently) to Rs 5, 000. This will help stimulate demand for housing in major cities and provide a reduction in VAT on under-construction properties.

We hope that this year's Union Budget will bring positive things for all real estate companies across the country. We also believe that the government will take appropriate steps to stimulate consumer demand, giving the real estate sector a great opportunity to ensure robust growth. "

G. S. Rathore, Founder, Jungle Camp India: "The granting of tourism status is much-awaited and will provide a major boost to the tourism industry. Special incentives such as GST concessions for ecotourism hospitality projects with less than 25 rooms in remote areas will promote sustainable development. Financial support for conservation projects focused on restoring endangered species and habitats is essential for environmental stewardship. To realise the potential of wildlife tourism, we look forward to government-backed initiatives through targeted marketing campaigns and participation in international travel exhibitions. Funding training programmes to equip local guides and staff with advanced skills in wildlife conservation and ecotourism practices will make sustainable development and global competitiveness equally important."

Sachin Argu, Managing Director, NLB Services: The interim budget 2024 highlighted several key initiatives such as the Pradhan Mantri Kisan Sampada Yojana and Pradhan Mantri Matsya Sampada Yojana. In addition, funds were allocated for research, innovation and infrastructure development to promote job creation. Similarly, the 2024 Budget will further extend the mid-term budget and focus on various aspects including job creation, which is one of the most important aspects expected by industry leaders.

The current labor market is facing fluctuations due to changes in the global economy and technological developments. With a goal of becoming a $7 trillion industry by 2030, employers and workers have high expectations for the 2024 Budget. They are also optimistic that the budget will focus on investments in human capital, infrastructure, sustainable job creation, education and increased female labor force participation to drive economic growth.

Besides job creation, skilling will be another focus area in the human resource sector in the Union Budget 2024. There is expected to be an increase of 20-25% in the budgetary allocation for skill development and entrepreneurship. Moreover, the budget is also expected to bridge the gap between the industry requirement and the existing talent pool as there is a 15-20% gap in the technology sector, hindering both employers and employees. Moreover, the technology sector is expecting support for structured skilling programs, vocational training, STEM education, and digital upskilling to align the workforce with the demands of emerging markets.

In the education sector, there will be more incentives and more budgetary allocations in the upcoming Union Budget 2024. This is due to the continuation of the National Child Policy 2020 (NEP) and skill training initiatives, and Finance Minister Nirmala Sitharaman is likely to give emphasis to the education sector in the upcoming budget. Increased funding for new schools and teacher training programs is also essential to achieve universal education from pre-primary to secondary education with 100% total enrolment by 2030. Overall, the HR and education sector is looking to the Budget to expand the labour market to deliver on the goal of reaching USD 7 trillion by 2030.

Muneer Ahmad, VP of India Sales and Marketing, ViewSonic said: "Ahead of this year's budget, ViewSonic is optimistic about the opportunities presented in the edtech space and we are eager to leverage these opportunities to improve the education landscape in India. Hence, we remain focused on achieving our goal of providing educators and students with nationally relevant services, products and superior interactive displays.

We believe that further investments in education technology will not only help teachers but also increase equity in access to quality education in the country. We have strategically focused and increased investments in the development of interactive screens and digital learning. Our continued investment in R& A in India is a testament to our commitment to education. Our continued investment in the development of R& A underlines our commitment to innovation and leadership in this space. As we navigate the complexities of modern education, we urge the central government to prioritize enhancing access to quality education through sustainable investments in edtech infrastructure.

We hope that this budget can promote great growth and strengthen the world's global status in Edtech. "

Rochito Manglyk, founder. Edgolilla CEO "Technology has a great potential to revolutionize the education field. Technology plays an important role in ensuring the fairness of access to education, making education more cheaper, and improving learning. Therefore, in the 2024-25 Federal Budget, the budget should be devoted to enhancing digital infrastructure, such as securing highly reliable Internet connections. The adoption of the new era technology that exceeds artificial intelligence, such as the expansion reality (AR) and virtual reality (VR), should be given priority. In addition to eliminating inequality in education, incubators and accelerator programs for emerging companies promote innovation, promote employment, and support economic growth. I will do it.

"Encouraging the department along these lines and motivating them to ensure success. MSE grows in elasticity by integrated ecosystems and affects a cohesive form. As a result, GDP achieves the $ 4 trillion goal to enhance the focus of Zero and small companies. , "Viksit Aur Vishisht Bharat" is realized. We hope that this budget can promote great growth and strengthen Indian global status in Edtech. "

"Encouraging the department along these lines and motivating them to ensure success. MSE grows in elasticity by integrated ecosystems and affects a cohesive form. As a result, GDP achieves the $ 4 trillion goal to enhance the focus of Zero and small companies. , "Viksit Aur Vishisht Bharat" is realized. We hope that this budget can promote great growth and strengthen the world's global status in Edtech. "

SMBXL PVT LTD Managing Director and C o-founder, Pretty Uvare, "The simplification and standardization of GST helps companies to report better transactions and contributions. The digital introduction rate is currently 47 %, and in 2025, it is expected to increase the efficiency of business. It is important to access knowledge base and kno w-how.~"Encouraging the department along these lines and motivating them to ensure success. MSE grows in elasticity by integrated ecosystems and affects a cohesive form. As a result, GDP achieves the $ 4 trillion goal to enhance the focus of Zero and small companies. , "Viksit Aur Vishisht Bharat" is realized.

~Dr. Sanjay Gaputa, Vice President of World Design University. "The creative economy in the Indian is only 2. 5 % of the contribution to GDP, despite the employment of 8 % of the working population, highlights the huge possibilities of untapped. While sectors are prosperous, more creative situations, such as the weakness of intellectual property rights, limited funds, and decisive skills gaps. It is estimated that 1. 5 million Indians were engaged in the culture and creative industry in 2016, suggesting that the work population would increase significantly. In order to fully demonstrate this potential, India requires a strong policy framework. India, which has a rich culture and talent of ₹ by 2030 billion from $ 8. 39 billion by 2030, reflects the success of creative power like the United Kingdom. This is not an investment in a creative economy.

~Skill Online Game Association (SOGI) Founder Amrit Kiran Singhin: "The GST raising of online games is a huge Indian market with 500 million gamers at the expense of Indian companies (mainly China) He has created a huge tax ruling that is inexplicable to the company, and will have a closer look at the abnormal situation in the budget. To decide on an appropriate tax, and to stop the bleeding of Indian companies, the addiction and other negative aspects. The introduction of smart technology (such as time limit) can be sufficiently dealt with. "The creative economy in the Indian is only 2. 5 % of the contribution to GDP, despite the employment of 8 % of the working population, highlights the huge possibilities of untapped. While sectors are prosperous, more creative situations, such as the weakness of intellectual property rights, limited funds, and decisive skills gaps. It is estimated that 1. 5 million Indians were engaged in the culture and creative industry in 2016, suggesting that the work population would increase significantly. In order to fully demonstrate this potential, India requires a strong policy framework. India, which has a rich culture and talent of ₹ by 2030 billion from $ 8. 39 billion by 2030, reflects the success of creative power like the United Kingdom. This is not an investment in a creative economy.

~Skill Online Game Association (SOGI) Founder Amrit Kiran Singhin: "The GST raising of online games is a huge Indian market with 500 million gamers at the expense of Indian companies (mainly China) He has created a huge tax ruling that is inexplicable to the company, and will have a closer look at the abnormal situation in the budget. To decide on an appropriate tax, and to stop the bleeding of Indian companies, the addiction and other negative aspects. Dr. Sain t-Gupa, Vice President of World Design University, can be sufficiently dealt with smart technology. "The creative economy in the Indian is only 2. 5 % of the contribution to GDP, despite the employment of 8 % of the working population, highlights the huge possibilities of untapped. While sectors are prosperous, more creative situations, such as the weakness of intellectual property rights, limited funds, and decisive skills gaps. It is estimated that 1. 5 million Indians were engaged in the culture and creative industry in 2016, suggesting that the work population would increase significantly. In order to fully demonstrate this potential, India requires a strong policy framework. India, which has a rich culture and talent of ₹ by 2030 billion from $ 8. 39 billion by 2030, reflects the success of creative power like the United Kingdom. This is not an investment in a creative economy.

Skill Online Game Association (SOGI) Founder Amrit Kiran Singhin: "The GST raising of online games is a huge Indian market with 500 million gamers at the expense of Indian companies (mainly China) He has created a huge tax ruling that is inexplicable to the company, and will have a closer look at the abnormal situation in the budget. To decide on an appropriate tax, and to stop the bleeding of Indian companies, the other aspects of Oton. The introduction of smart technology (such as time limit) can be sufficiently addressed.

As expected by the new government led by Prime Minister Valn Bavar Modi, the QLIK Indian SAARC Managing Director, "Viksit Bharat" to Initiative, a vision introduced to accelerate national growth and promote economic inclusiveness. I look forward to strong support. This change requires technology at the core. Priority introduces digital technology in important fields, especially governance, promotes comprehensive and efficiency in providing social and welfare programs.

It is essential to expand investment in policies to simplify business and develop emerging technologies such as emerging companies and artificial intelligence (AI). As AI continues to change fields such as medical, finance, manufacturing, and education, it is essential to take active measures to ensure responsible development.

Nevertheless, the future guidelines on AI should emphasize safety, ethics, and social benefits while promoting innovation. Focusing on fairness, transparency, explanatory accountability, designing AI with a huma n-centered approach, reducing risks related to AI abuse, such as deep fake technology and employment. Can be done.

These measures are central to promote sustainable growth through dat a-led knowledge and innovation. "

The firs t-generation serial entrepreneur, founder and CEO, investors, and former Niti Aayog members Somdutta Singh talks about the viewpoint of e-commerce entrepreneurs. With this budget, it is necessary to show a clear roadmap to rationalize logistics. Furthermore, as seen in other economic countries, it is to draw out new entrepreneurs and power their existing entrepreneurs by facilitating access to credit through a loan system exclusively for e-commerce business operators. Can do. For example, three pillars, such as rationalization of regulations to make it easier to enter, providing tax incentives, such as reducing GST standards, and investing in important infrastructure such as nationwide warehouses. Let's see. Furthermore, by promoting digital payments and literacy improvements in electronic commercial transactions, gaps can be filled and customer experience can be improved. By making small and mediu m-sized enterprises reach more people and reducing costs, this budget can be positioned as a gamer changer in the E-commerce ecosystem where India grows in India.

According to PEOPLESTRONG CEO San Deep Chadalery, "As India is looking forward to the Federal Budget in 2025, the government will give priority to investing in skill development, employment creation, startup ecosystems, and sustainable development fields. We are expected to make a large amount of investment in Tier 2 cities and Tier3, as the Indian economy is expected to ride a $ 5 trillion. It is essential to make a large investment in order to transform into the center, normalize labor participation, and increase the number of women's participation.

In order to prevent brain leakage to overseas universities and secure human resources in Japan, it is essential to develop the world's top class education system. We assume a budget to open an advanced and comprehensive road to India, giving priority to economic development, employment creation, and technical investment. "

Vijay Navaruri, c o-founder and client lead, director. In anticipation of the 2024 federal budget, the AI field is expected to further stimulate growth and innovation. The director believes that the government's continuous support for AI and related technologies is essential for moving the industry. The budget is expected to provide investment in AI, especially education and skill development utilizing AI through cooperation between educational institutions and industry. This secures a stable pipeline of skilled experts that can contribute to various fields such as medical care, agriculture, and urban planning.

In addition, the introduction of a publi c-private partnership model and the establishment of a regulatory organization to ensure ethical use of AI are stipulated. Includes financial preferential treatment for AI startup companies, tax deductions, and increased funding to R & D. It is also expected that A will be on the agenda to further support the innovation and growth of the AI ecosystem in India.

Dr. Miniya Chatage, Director and CEO of Annant School for Climate Action, gives priority to sustainable developments in order to maintain a Paris Workshop in the 2024 federal budget. He said. Investment should focus on renewable energy projects, green infrastructure, and sustainable agriculture. In addition, the GST reduction of the renewable energy parts is also an effective hand. Furthermore, there should be a provision to promote the ability and innovation of the sustainable sector. "

Homiie Studio & Amp; Projects Makers founder Nichaunt Cincinwal "Real Estate Sector is an aggressive measure that can promote growth and sustainability in the 2024 budget. We are the GST tax rate of architectural materials. We hope that the construction costs will be reduced, and the real estate price will be reduced, and the introduction of a single window clear system, which is approved by the project, has been greatly reduced. In addition, it will increase the policy of promoting affordable housing, for example, the assignment of domestic housing projects for affordable housing projects, and will revive the tax incentives for this field. By implementing these measures, the government can support the recovery of this sector.

According to Zeron's founder Sanket Sarkar, "As the federal budget in 2024-2025 approaches, there is a foresight in the cyber security field. The government has a strategic investment and support policy to this important industry. Looking back on the commitment consistently, it is clear that our digital defense has been greatly enhanced.

This year's budget expects that a large budget will be recorded to strengthen cyber infrastructure, and this emphasis will be further enhanced. As the founder of Zeron, I believe that keeping priority on cyber resilience and innovation is essential to protecting threats and promoting economic growth. This budget is not just an economic plan. It will be a bold statement for India to become a world cyber leader. "

The furniture industry requires significant improvements in both manufacturing and retail, especially in the support of small and mediu m-sized enterprises. By accelerating furniture development, Indian companies can create quantity and efficiency. Furthermore, by recognizing furniture as an indispensable category and adjusting the tax system, the industry can be transformed and more organized. This will increase the contribution of the Ministry of Finance and help the essential sector growth as well as clothing, food and shelter. In order to ensure sustainable growth in this field, it is urgent to secure skilled human resources. "

Pradeep Misra, CMD, Rudrabhishek Enterprises Limited (REPL), spoke about the real estate and infrastructure sector. Real Estate Supply: The Indian real estate sector is hopeful of improved liquidity in the Union Budget 2024-2025, including enhanced funding for the Special Window Fund for Affordable and Medium Housing (SWAMIH), which is essential for reviving stalled projects. Increasing the limit on home loan interest deduction from Rs 2 to Rs 5 will greatly benefit middle-income home buyers. Allowing input GST credit for all kinds of construction activities or reducing GST on under-construction properties from 5% to 1%, in line with ready-to-move-in properties, can stimulate demand.

We are also hopeful of revival of the Credit Linked Subsidy Scheme (CLSS) of PMAY, which expired in 2022. The scheme earlier benefited EWS/LIG homebuyers and helped in the conversion of “kaccha” to “pucca” housing under PMAY (Rural). It is important to reinstate 100% tax incentives for affordable housing developers under Section 80-IBA and update the definition of affordable housing to reflect current market dynamics.

To promote SM REITs, long-term capital gains of SM REITs should be excluded from investments made during the year.

Furthermore, simplification of approval process and digitization of land records can significantly reduce project delays, benefiting both developers and end users. On the commercial side, incentives for green building practices and sustainable infrastructure development will boost urban renewal and attract investments.

Infrastructure Excerpts With India aiming to become a developed nation by 2047, the focus on infrastructure will continue in the next Union Budget. We have already seen signs of this in the interim budget and a flurry of announcements earlier this year.

In line with the central government's increasing emphasis on self-reliance, development of "Defence Industrial Corridors" is likely to be one of the major focuses in the Union Budget. This ambitious project is likely to have a direct impact on job creation, boosting local industries, saving foreign exchange reserves and enhancing indigenous technological capabilities. Similar to the Unified Defence Industrial Corridor (UPDIC), many other regional hubs are expected to be identified and various corridors developed as per regional strengths and national requirements.

This budget is expected to see Smart City 2. 0 hit the ground running and cover a much wider urban landscape. The first phase of the Smart City initiative has provided key learnings as well as success stories. Most of the projects under the first phase are completed or nearing completion. The introduction of the Integrated Command and Control Centre (ICCC) was a key achievement in enabling city-level data integration and application to sustainable urban development. We expect that Smart City 2. 0 will focus on self-reliance of these projects and institutions, while monitoring programmes will be expanded to new cities and smaller towns.

PMAY was one of the most successful flagship programmes of the GOI in the previous term. Its scope was broad and had tangible impacts, especially in terms of livelihoods, social protection and livelihood support. PMAY 2. 0 is expected to be extended to more urban households by broadening the eligibility criteria and the scope of financial and technical support from the government. Both Smart City and PMAY have the modalities and operational mechanisms in place to enable faster rollout.

Specific provisions to promote SM-REITs are also expected to be exercised in this budget, which is likely to have a significant impact on the real estate sector over the next five years. The new provisions open up a new market segment of retail participation and mutual fund investment in real estate projects, which will require tax incentives to raise higher tax rates. As SM-REITs are still in their infancy, they will require significant support from the central government in terms of favorable policies and budgetary allocations. This new sector will increase liquidity in the real estate industry and enable it to provide world-class construction infrastructure.

MSMEs play a very important role in the overall Indian economy and GDP growth. It is important that the budget has specific provisions to ensure timely payment to MSMEs within 45 days as provided under the MSME Act. The sector can also get immense support to streamline cash flows if it is made mandatory for all agencies/departments/units of state governments implementing central/state sponsored schemes to register on all or any of the TREDS (TRADE SYSTEM) platforms. ) Platform

In addition, since the NDA administration will continue for the third consecutive term, it is expected that a comprehensive new flagship infrastructure program aimed at strengthening infrastructure in small cities and rural areas. The upcoming budget has the potential to lead India on the path of change to global infrastructure.

Vice President Saurabh Gahoi of Ramee Group of Hotels "Looking at the Federal Budget in FY2024, the hospitality industry is coming to change. Restoration of hotels as infrastructure and providing tax incentives for sustainable practices. With this, the Restoration of the GST for the tourist sector will be more affordable, and the business operations will be more smooth. By supporting intellectual sightseeing and business sightseeing in 3 cities, the hospitality department can be led to a new height of the government with a great possibility of economic growth and employment creation. You can become a global leader in sightseeing.

The number of schools in India, the founder and CEO of Bright Champs, is the largest in the world, nearly 1. 5 million schools. Nevertheless, the budget allocation to education is quite low, lower than the total budget 3 %. What I want is to implement NES recommendations to increase the education budget to 6 %, following the OECD countries. In this era, when unemployment is becoming more serious, technology is becoming more popular, and many jobs are becoming outdated, children should invest in new skills in all levels of society in the future. I believe it is most important to make it. According to a World Bank survey, every year after school education, the average hourly wage increases by 9 %. I believe this indicator is indispensable for artificially integrated developers like India. Since education is the core of this global shift to a higher learning ability, I have all future budgets, 1) financial literacy, communication, entrepreneurship, and AI. He wants to be deeply invested in renewing curriculum, including topics in the 21st century. 2) Improve your personalized distribution tools to make learning a more technology and more impactful.

Dr Sangita Reddy, Joint Managing Director, Apollo Hospitals Group; "We are optimistic that the government will continue to prioritise the health sector. The interim budget 2024-25 announced in February rightly highlighted preventive healthcare, women's health, infrastructure expansion and child development, taking important steps towards a healthier future. We hope that this approach will be sustained and strengthened in the upcoming budget.

The promotion of cervical cancer prevention through vaccination for girls aged 9-14 is one of the most important announcements and a significant step towards improving women's health. We hope that the government will continue to support such programmes. In addition, efforts under programmes like U-WIN and Mission Indradhanush should also be encouraged.

Strengthening infrastructure is essential to effectively strengthen health services in rural and remote areas and ensure equitable access to healthcare. We hope to see increased support from the government to achieve this goal." Dr. Sanjita Reddy, Joint Managing Director, Apollo Hospitals Group

Sarbveer Singh, Managing Director, PB Fintech Joint Group

The insurance industry is looking forward to significant reforms in the Union Budget 2024. The insurance industry is looking forward to amendments to the Insurance Act, which will allow new entrants, including foreign insurers and insurance companies, encourage product innovation and increase insurance penetration in the country.

The insurance industry is eagerly waiting for the government to launch healthcare programs to protect the rapidly growing ageing population. By 2047, this demographic is projected to surpass the 0-14 age group, which accounts for 30% of India's population, with 60% having no income to cover healthcare expenses. Addressing this issue through a comprehensive healthcare system is essential to ensure their well-being and financial security. Another key expectation is that post-retirement products such as pension plans will also be given tax benefits similar to NPs, as the current tax system does not encourage investment in retirement planning.

It is also necessary to expand the lon g-term deduction slots based on 80D and 80C, respectively, for health insurance and term insurance. The industry also supports medical and term insurance GSTs from 18%to 5%. In addition, tax exemption measures for medical savings accounts (HSA) are also recommended.

The industry also hopes to reduce GST on medical insurance for small and mediu m-sized enterprises. According to the current GST regulations, small and mediu m-sized enterprises cannot apply for the previous stage tax deduction of the GST paid to the health insurance premiums of employees. All of these expectations and proposals are completely in line with the vision of the industry, "Insurance for everyone," by 2047. And it will be very useful for the industry to grow and ensure the happiness of all the policyholders.

Lisi Das needs to recognize the c o-working sector, Indique Das, as an independent industry. This awareness will open a way to customized policies that meet the needs of the industry. In addition, if you have a formal industry, it will be easier to framework and support system for better regulations. Financial incentives for creating c o-working spaces in cities in Tier II and Tier III can greatly promote these regions of economic development. By taking financial preferential measures, the government encourages the c o-working provider to enter the market with low saturation, activates the local economy, creates employment, and employs business ec o-coach in small cities. The system can be strengthened. It is also essential to expand such tax incentives to a widespread private sector. In addition, providing incentive treatment for environmentally friendly buildings and renewable energy will promote sustainable development. Giving incentives to environmentally friendly initiatives will not only reduce carbon dioxide emissions, but will be a new standard for sustainable business activities in real estate sector.

Being able to get institutional loans at competitive interest rates is another important aspect. If you have an affordable financing option, your partner operators will be able to expand the scale efficiently and invest in infrastructure, technology, and community formation. By working on these points, it is possible to build a powerful framework that supports the growth and sustainability of coworking sector in India, and ultimately contribute to the vibrant comprehensive economy. can.

Rakesh Kumar, the founder of Square Insurance, said, "Some budgets for the purpose of improving the scope of insurance and affordable prices. He suggests that the medical expenses will be more affordable if the medical expenses are used to the comprehensive electric vehicle (EV) insurance. Kumar supports housing insurance: "By providing tax deductions for insurance premiums in Article 80C, it can promote asset protection for housing owners." In order to strengthen cyber security, "tax incentives to cyber insurance are especially essential for small and mediu m-sized enterprises." They emphasize the need to increase access to medical care and state as follows: "By expanding the Ayushman Ballat system to the middle class, it can greatly expand medical security." For comprehensive security, Kumar added: "Expanding deductions to other personal insurance plans will promote comprehensive security." Kumar also focuses on the Microfinance section and states: "Introducing parametric cover and mandatory coverage for stores and offices will increase the resilience of vulnerable people." 。 Kumar claims that the regulation reform is:

Wevois Lab's founder Avichek Gupta CO LAB, with more than $ 12 billion in India, is expected to make significant improvements due to appropriate budget distribution and government measures. Currently, this sector is facing several issues, such as underestimated infrastructure, limited private participation, technical disparity, vulnerable waste management method, immature labor, and low awareness of the people. 。

If the government's focused actions take these issues, they may have a significant positive effect. Rakesh Kumar, the founder of Square Insurance, "an overview of some budget proposals aimed at improving the scope of insurance and affordable prices. If you raise it to $ 5, 000, it will be more affordable for medical expenses that will promote the spread of EVs and tax deductions. I am. Kumar supports housing insurance: "By providing tax deductions for insurance premiums in Article 80C, it can promote asset protection for housing owners." In order to strengthen cyber security, "tax incentives to cyber insurance are especially essential for small and mediu m-sized enterprises." They emphasize the need to increase access to medical care and state as follows: "By expanding the Ayushman Ballat system to the middle class, it can greatly expand medical security." For comprehensive security, Kumar added: "Expanding deductions to other personal insurance plans will promote comprehensive security." Kumar also focuses on the Microfinance section and states: "Introducing parametric cover and mandatory coverage for stores and offices will increase the resilience of vulnerable people." 。 Kumar claims that the regulation reform is:

If the government's focused actions take these issues, they may have a significant positive effect. Rakesh Kumar, the founder of Square Insurance, said, "Some budgets for the purpose of improving the scope of insurance and affordable prices. He suggests that the medical expenses will be more affordable if the medical expenses are used to the comprehensive electric vehicle (EV) insurance. Kumar supports housing insurance: "By providing tax deductions for insurance premiums in Article 80C, it can promote asset protection for housing owners." In order to strengthen cyber security, "tax incentives to cyber insurance are especially essential for small and mediu m-sized enterprises." They emphasize the need to increase access to medical care and state as follows: "By expanding the Ayushman Ballat system to the middle class, it can greatly expand medical security." For comprehensive security, Kumar added: "Expanding deductions to other personal insurance plans will promote comprehensive security." Kumar also focuses on the Microfinance section and states: "Introducing parametric cover and mandatory coverage for stores and offices will increase the resilience of vulnerable people." 。 Kumar claims that the regulation reform is:

If the government's focused actions take these issues, they may have a significant positive effect.

First, the sector suffers from a lack of adequate waste treatment and recycling facilities and undercapitalized infrastructure. To address this, the government needs to allocate more budget for the construction of modern waste treatment plants and recycling facilities. This increase in budget will lead to more efficient waste disposal, less pollution, and improved resource recovery.

India has become the world's third largest economy, so our waste management infrastructure must reflect this status. Fortunately, we started working on it a decade ago, but there is still a lot to be done. In the second year of the Swachh Bharat Mission, we need to start making data-driven decisions. Understanding resident behavior and using data to inform our actions will be key.

Second, low private investment has limited private participation in waste management. Governments can encourage the private sector by offering tax incentives, subsidies, streamlined regulations, etc. to attract private companies. Such incentives are expected to spur innovation and growth, leading to increased investment, technology development, and job creation. We need to encourage more companies and new-age technologies to enter and sustain in the sector.

Third, there is a large technology gap in the sector and limited availability of advanced waste treatment technologies. Investment in innovative solutions, especially research and development (R& D) for resource recovery and circular economy, is essential. Such investments will lead to the development and adoption of environmentally friendly waste management technologies, promoting sustainable solutions.

Furthermore, weak enforcement of waste management laws is also a key issue. There is a need for stricter laws and strengthening of the regulatory framework with a focus on Extended Producer Responsibility (EPR). This will increase compliance from producers and consumers and reduce illegal dumping.

A major challenge is that municipal enterprises are not yet ready, even though the majority of the waste is municipal solid waste. It is essential to implement comprehensive training programs on modern waste management methods. This capacity development will enhance the effectiveness and efficiency of city-level and capacity-building programs to make the necessary progress.

They also need to look at the workload of relevant government ministries and develop additional teams to address these challenges. With the right policies and adequate funding, significant improvements are possible. Government commitment to these efforts coupled with data-driven decision-making and public cooperation can deliver a cleaner and more sustainable India.

Rohit Bajaj, Co-founder, Balwaan Krishi Agriculture is India's backbone industry and a multi-level approach is essential to strengthen agribusiness. Strategies such as a 10-year tax holiday for ventures, subsidies of up to 50% on capital investments, and low-interest loans with extended repayment tenors can give a major boost to the sector. Setting up a special research and development fund would also help jumpstart the sector. Have an initial capital of $100-200 billion. With an initial capital of $1, 000-2, 000 crore, it will support research, grants, and seed funding. Companies like Balwan Krishi have positively impacted over 500, 000 farmers by increasing crop yields by 20%, reducing labour costs by 30% and minimizing post-harvest losses by 15%, illustrating the potential of agritech. Additionally, system transformation linked to production-linked inputs (PLI) and increased allocation to the Agriculture Infrastructure Fund (AIF) are also possible. Investments in agricultural broadband connectivity and digital marketplaces will streamline the supply chain and ensure fair prices for farmers. Simplified regulatory framework with one-window clearing system, uniform standards and specialized regulatory body will foster innovation. Creation of a unified national platform for agritech products and promotion of Indian made produce will improve agricultural productivity.

Shailesh DHURI, CEO, Decimal Point Analytics, this time budget assembly is ready to solve the potential of our economy by reducing government office work, increasing trade opportunities, and reforming stat e-owned companies. This budget rationalizes tax system, promotes infrastructure investment, and strengthens education and medical care. In addition to greatly improving the rural infrastructure, it will further emphasize the weakest position by providing the universal insurance system, the focused cash benefits, and the opportunity for microfinance. In order to promote lon g-term growth, the budget also prioritizes innovation by increasing R & D and increased expenditures on innovation. In addition, we will strengthen technical ti e-up. Furthermore, by modernizing agriculture and implementing labor reform, this budget will build a foundation for future dynamic and skilled labor.

RHI Magnesita India President and CEO Palmod Sagal Africa "The Growth of Evil Economy of Economic Economy has been assigned to the infrastructure category in the infrastructure division in the middle budget in FY2024 by 2030. This is a proof of the category in the federal industry in the federal budget for the infrastructure. It will have a great sense to use the potential of makeup in indires to recognize that it will continue to play an important role in economic growth. This is a request for the industry, which is a request for such Initiative, which has been mobilized for the creation of the infrastructure division in accordance with the philosophy of "ATMA NIRBHAR BHARAT", supporting the procurement and manufacturing. It is something to do. Shailesh DHURI, CEO, Decimal Point Analytics, the upcoming government office work, increasing trade opportunities, reforming stat e-owned companies, and releasing the potential of Japan's economy. This budget rationalizes tax system, promotes infrastructure investment, and strengthens education and medical care. In addition to greatly improving the rural infrastructure, it will further emphasize the weakest position by providing the universal insurance system, the focused cash benefits, and the opportunity for microfinance. In order to promote lon g-term growth, the budget also prioritizes innovation by increasing R & D and increased expenditures on innovation. In addition, we will strengthen technical ti e-up. Furthermore, by modernizing agriculture and implementing labor reform, this budget will build a foundation for future dynamic and skilled labor.

RHI Magnesita India President and CEO Palmod Sagal Africa "The Growth of Evil Economy of Economic Economy has been assigned to the infrastructure category in the infrastructure division in the middle budget in FY2024 by 2030. This is a proof of the category in the federal industry in the federal budget for the infrastructure. It will have a great sense to use the potential of makeup in indires to recognize that it will continue to play an important role in economic growth. This is a request for the industry, which is a request for such Initiative, which has been mobilized for the creation of the infrastructure division in accordance with the philosophy of "ATMA NIRBHAR BHARAT", supporting the procurement and manufacturing. It is something to do. Shailesh DHURI, CEO, Decimal Point Analytics, this time budget assembly is ready to solve the potential of our economy by reducing government office work, increasing trade opportunities, and reforming stat e-owned companies. This budget rationalizes tax system, promotes infrastructure investment, and strengthens education and medical care. In addition to greatly improving the rural infrastructure, it will further emphasize the weakest position by providing the universal insurance system, the focused cash benefits, and the opportunity for microfinance. In order to promote lon g-term growth, the budget also prioritizes innovation by increasing R & D and increased expenditures on innovation. In addition, we will strengthen technical ti e-up. Furthermore, by modernizing agriculture and implementing labor reform, this budget will build a foundation for future dynamic and skilled labor.

Anshul Singhal, President, Welspun One, Chairman, Assocham National Council of Logistics & WarehousingThe logistics industry is a central driver for effective growth of any sector. As the backbone of the supply chain industry, warehousing facilitates systematic storage and inventory management, enabling companies to forecast demand and tap domestic and international business opportunities. Hence, government support is essential for the sector to grow significantly. It is imperative to highlight the importance of foreign direct investment (FDI) in the sector for Budget 2024-2025. Increased FDI will bring in the capital, advanced technology and expertise required for modernization and expansion. The government can create a more conducive environment for FDI by streamlining regulatory processes, providing tax incentives and promoting the sector globally as an attractive asset class for high net worth individuals (HNWIS) and institutional investors.

India's future economic growth hinges on efficient logistics and storage infrastructure. The government can help this by simplifying land acquisition, providing incentives for sustainable practices and reducing provisioning requirements for banks lending to these projects. Additionally, developers will be able to access capital at better interest rates through partnerships with insurance companies, pension funds and international financial institutions, leading to reduced construction and maintenance costs. Encouraging green initiatives, creating a worker-friendly environment and creating hubs with EV charging points will further boost the growth of the industry. By addressing these key areas, the Budget will help transform India's self-storage sector into a global leader."

S Anand, Founder and CEO, Paysprint, a leading fintech company, said: "As Budget 2024 approaches, the Indian fintech industry is eagerly awaiting policy directives that will shape its future trajectory. The Budget stands at a critical juncture that offers strategic opportunities to strengthen India's position as a global leader in digital innovation and financial technology. Anshul Singhal, President, Welspun One and Chairman, Assocham National Council of Logistics & Warehousing The logistics industry has been a central driver for the effective growth of any sector. As the backbone of the supply chain industry, warehousing facilitates systematic storage and inventory management, enabling businesses to forecast demand and tap domestic and international business opportunities. Hence, government support is essential for the sector to grow significantly. As we move towards Budget 2024-2025, it is imperative to highlight the importance of Foreign Direct Investment (FDI) in the sector. Increased FDI will bring in the capital, advanced technology and expertise required for modernization and expansion. The government can attract FDI by streamlining regulatory processes, providing tax incentives and promoting the sector as an attractive asset class for High Net Worth Individuals (HNWIS) and institutional investors globally. It can create a more conducive environment for sustainable logistics and storage.

India’s future economic growth depends on efficient logistics and storage infrastructure. The government can support this by simplifying land acquisition, providing incentives for sustainable practices and reducing provisioning requirements for banks financing these projects. Moreover, developers can access capital at better interest rates through partnerships with insurance companies, pension funds and international financial institutions, leading to reduced construction and maintenance costs. Encouraging green initiatives, creating a worker-friendly environment and creating hubs with EV charging points will further boost the growth of the industry. By addressing these critical areas, the Budget will be a catalyst in transforming India’s storage sector into a global leader.”

S Anand, Founder and CEO, Paysprint, a leading fintech company, said: "As Budget 2024 approaches, the Indian fintech industry is eagerly awaiting policy directives that will shape its future trajectory. The Budget stands at a critical juncture that offers strategic opportunities to strengthen India's position as a global leader in digital innovation and financial technology. Anshul Singhal, President, Welspun One and Chairman, Assocham National Council of Logistics & Warehousing The logistics industry has been a central driver for the effective growth of any sector. As the backbone of the supply chain industry, warehousing facilitates systematic storage and inventory management, enabling businesses to forecast demand and tap domestic and international business opportunities. Hence, government support is essential for the sector to grow significantly. As we move towards Budget 2024-2025, it is imperative to highlight the importance of Foreign Direct Investment (FDI) in the sector. Increased FDI will bring in the capital, advanced technology and expertise required for modernization and expansion. The government can encourage FDI by streamlining regulatory processes, providing tax incentives and promoting the sector as an attractive asset class for High Net Worth Individuals (HNWIS) and institutional investors globally. It can create a more conducive environment for storage.

India's future economic growth depends on efficient logistics and storage infrastructure. The government can support this by simplifying land acquisition, providing incentives for sustainable practices, and reducing provisioning requirements for banks financing these projects. Moreover, developers can access capital at better interest rates through partnerships with insurance companies, pension funds, and international financial institutions, leading to reduced construction and maintenance costs. Encouraging green initiatives, creating a worker-friendly environment, and creating hubs with EV charging points will further boost the growth of the industry. By addressing these critical areas, the Budget will be a catalyst in transforming India's storage sector into a global leader.

S Anand, founder and CEO, Paysprint, a leading fintech company, said: "As Budget 2024 approaches, the Indian fintech industry is eagerly awaiting policy directives that will shape its future trajectory. The Budget is at a critical juncture that offers a strategic opportunity to strengthen India's position as a global leader in digital innovation and financial technology.

From FinTech's point of view, it is expected to promote innovation and accelerate digital transformations, focusing on tax incentives and regulations. As technology continues to define financial services, it is urgently needed to support the entrepreneur spirit, invite investment, and promote advanced technologies such as blockchain, AI, and digital ID authentication. In order for FinTech companies to develop their businesses and effectively expand innovation, it is essential to have a clear, future regulation.

Financial inclusion continues to be the cornerstone of our joint vision for India's economic future. This budget provides opportunities to strengthen access to digital financial services, especially in rural areas where the service is not particularly affordable. Initiatives that enhance digital infrastructure and give incentives to fintech solutions tailored to various customer base will help achieve the goal of financial envelon. This includes measures to enlarge the range of digital payments, improve digital literacy, and enable all people to use safe and safe bank services.

In addition to promoting innovation and expanding financial access, sustainability and responsible business practices are becoming more and more priority for the FinTech industry. Financial clause, which encourages Green Fintech's initiative, promotes the principle of ESG (environment, society, governance), and encourages sustainable development practices, consists of global trends and is responsible in the digital economy. It will increase India's reputation.

Cyber Security and Data Privacy are major concerns in the digital environment where interconnection progresses. Enhancing cyber frameworks and securing powerful data protection is extremely important in maintaining consumer trust and ensuring the completeness of financial transactions. This budget is an opportunity to reduce risk and introduce a comprehensive cyber security policy to build resilience for cyber threats. From a FinTech point of view, it is expected to be focused on tax incentives and regulations that promote innovation and accelerate digital transformation. As technology continues to define financial services, it is urgently needed to support the entrepreneur spirit, invite investment, and promote advanced technologies such as blockchain, AI, and digital ID authentication. In order for FinTech companies to develop their businesses and effectively expand innovation, it is essential to have a clear, future regulation.

Cyber Security and Data Privacy are major concerns in the digital environment where interconnection progresses. Enhancing cyber frameworks and securing powerful data protection is extremely important in maintaining consumer trust and ensuring the completeness of financial transactions. This budget is an opportunity to reduce risk and introduce a comprehensive cyber security policy to build resilience for cyber threats. From FinTech's point of view, it is expected to promote innovation and accelerate digital transformations, focusing on tax incentives and regulations. As technology continues to define financial services, it is urgently needed to support the entrepreneur spirit, invite investment, and promote advanced technologies such as blockchain, AI, and digital ID authentication. In order for FinTech companies to develop their businesses and effectively expand innovation, it is essential to have a clear, future regulation.

As a person who participates in the lively Fintech ecosystem in India, I am optimistic that the budget in 2024 will reflect a comprehensive approach to promoting innovation, promoting financial inclusiveness, and strengthening regulations. I am looking at it. By adjusting the priority of policy to the needs of the industry, the government maximizes the potential of Fintech, promotes comprehensive economic growth, creates employment, and enhances India's status as a world Fintech hub. You can.

In conclusion, the 2024 budget sets a transformed agenda in the FinTech sector, and the financial technology service can empower each Indian citizen and open a way to the future that contributes to the economic prosperity of the country. I believe it is hidden.

Orb Energy COO and c o-founder N. P. Lameesh "As the federal budget approaches, the solar power generation industry is waiting for important measures to accelerate Indian renewable energy targets. Maximum priority is the maximum. 3 This includes the promotion of solar power generation for residential solar power generation by rupee's personal income tax incentive. By raising the current 40 % to 60-80 %, it will promote a large amount of investment in solar power generation facilities and strengthen its efforts to sustain the entire company.

The elimination of ant i-consumption tariffs on the raw material of the solar cell module is extremely important for strengthening manufacturing competitiveness and reducing import dependence. In addition, seve n-year tax exemption proposal for investment in solar cells and solar cell production will stimulate domestic production capabilities and promote employment creation and economic growth.

These strategic measures are not only enhanced India's status in renewable energy, but also opens the path to the future of sustainable and tough energy. These emphasize our commitment to innovation and sustainability, and guarantee more environmentally and richer tomorrow for everyone. "

The Indian Insurance Restoration Development Agency (IRDAI) will achieve "insurance for everyone" by 2047 so that all Indian people can take out appropriate and sufficient life insurance, medical insurance, and no n-life insurance. Is promised. The upcoming budget may play an important role in supporting this reform agenda.

Given the rising cost of healthcare, it is important that health insurance becomes more affordable for all. Tax incentives, such as classifying health insurance under the Goods and Services Tax (GST) and applying a reduced tax rate of 5%, can reduce the overall premium burden and encourage people to opt for comprehensive coverage. In addition, offering a tax credit of 200% tax exemption on VIA fund premiums to first-time health insurance buyers, especially the younger generation, would motivate more people to take up insurance. This tax incentive can be phased out over four years to align with the tax incentives offered under Section 80D, ensuring a smooth transition.

Nearly half of the vehicles on the roads in India do not have third-party motor insurance, posing a risk to everyone who drives and those on the roads. One way to encourage the adoption of TP insurance could be to offer a one-time tax exemption to individuals who renew their expired TP insurance within a certain period. Natural disasters are becoming increasingly frequent and severe, making India one of the most disaster-prone countries in the world. To protect homeowners from such adverse disasters and promote home insurance penetration, the government, through the backing of RERA, can make home insurance compulsory for newly purchased properties. Also, home insurance premiums can be eligible for tax deduction up to Rs 25, 000.

Rohan Malhotra, CEO, Roadzen, said, Our aspirations for the next budget are focused on significantly deepening the penetration of motor insurance in India, with a special focus on tier-2 and tier-3 cities and beyond. At Roadzen, we see a huge opportunity to integrate advanced technologies like telematics and offer insurance discounts linked to road safety. This approach will not only encourage safer driving but also make insurance more accessible and relevant for a larger number of people. The introduction of a sole agency model through regulation can further improve this by ensuring a better claims experience and niche, long-term risk management expertise. Such measures are necessary to build a more inclusive and tech-savvy insurance ecosystem in India. "

Kapal Pansar i-Rasi Pelliferals Limited Managing Director "The government determined that the ICT products that are currently approved if they have pr e-approval are allowed to be imported. I hope that it will be a backbone of the country's economic progress and development, so we hope to reduce the imported tariffs of parts. We also hope that local production ICT products will be lower than imported products. "

AbHISHEK AGARWAL, PRESIDENT JUDGE INDIA & AMP; Global Delivery, THE JUDGE Group We are a technology company and strongly ask the government to invest in digital infrastructure. This creates a more connected environment and spreads exciting new technology. But a strong infrastructure is just the first step. We need to give incentives to research and development in important fields such as semiconductors, AI, Gen-AI, cyber security, and IoT. This promotes innovation, and we can always keep running at the forefront. In order to do so, it is necessary to promote tax reforms that stimulate entrepreneurs in the technology field and support education based on skills. By taking such an important step, we can create a powerful and innovative technology environment for the future.

The Gravolite Director PARAS MAHESHWARI Sports match manufacturing industry expects to increase quality in quality by improving sports facilities, so that infrastructure will be emphasized before the budget. What is expected is incentives to improving technology, promoting sustainable practices, and reducing raw materials imported tariffs. Promotion of Skill Development Program and R & Amp; AMP? Innovation can be promoted by the boost of skill training and subsidies. In addition, industry officials are hoping for tax incentives to reduce management costs and promote investment. The industry is hoping to promote sports and healthy lifestyles, promote growth, and strengthen the government commitment to strengthen the Make in India's "Make in India" initiative. "

Given that it is the first budget of the NDA administration of Ravi Rajan & Company S. Ravi, the upcoming federal budget is very important. This budget will be a budget for trends, and it will definitely indicate what the government wants to do in the next few years. The federal budget will focus on all things related to infrastructure, Capex, agriculture, construction, and other productivity. The PLI scheme can be further expanded so that the manufacturing industry is a good option for the industry. It will also be able to encourage the tourism industry to the second employer, a tourist industry, and encourage the tourism industry. For personal taxes, we are considering raising the tax exemption level. Review of the new pension system will be examined in terms of medical receipt and education based on various opinions received by the government. The government is also considering providing a strong base.

"In this budget, the government's fiv e-year vision and roadmap to achieve it will be shown in this budget. With the emphasis on infrastructure and employment. With the abundant dividends from the RBI and the magnificent tax collection of about 35, 000 in FY2011, the JP Morgan bonds will be used in FY2015. After the bond yield, the 5 % deficit will further stimulate the market, PARAS MAHESHWARI, and demand for quality. In order to increase, it is expected to be emphasized in the development of infrastructure, such as incentives to improve technology, reducing raw materials. Promotion of skill development programs and R & amp; AMP can further reduce management costs and promote investment. The industry is expected to have a budget in line with the government's commitment to promote sports and healthy lifestyles, promote growth, and strengthen the "Make in India" initiative. I'm doing it. "

"In this budget, the government's fiv e-year vision and roadmap to achieve it will be shown in this budget. With the emphasis on infrastructure and employment. With the abundant dividends from the RBI and the magnificent tax collection of about 35, 000 in FY2011, the JP Morgan bonds will be used in FY2015. After the bond yield, the 5 % deficit will be more stimulated by the GRAVOLITE Director, PARAS MAHESHWARI. It is expected that the focus will be made before the budget, such as promoting the technology improvement, promoting sustainability, and reducing raw materials. And R & AMP; Promotion of skill training and subsidies may further promote business expenditures to reduce management costs. The industry is hoping for a budget in accordance with the government commitment to promote sports and healthy lifestyles, promote growth, and strengthen the "Make in India" initiative. 。 "

In addition, attention has been focused on distribution to national defense, roads, railways, and ports. As you can see in recent sector races, this field has already received many expectations. If you are disappointed, the whole market, especially these sector, may be reduced. The market also hopes that capital gain and STT will not decrease. In a positive side, the surface of the income tax is very likely to rise, and further reduction measures will be provided through raising standard deductions and reducing mortgage rates. "

"I hope that BOLDFIT founder Pallav Bihani will increase the distribution to sports and fitness ahead of the next budget. It is the pride of Japan that Japan will win medals in the world tournament. In order to support this, more infrastructure, training, and regulatory resources, which specialize in the development of athletes and sports, nurture more active and conscious people. It will make a profit to everyone.

In addition, promoting sports and fitness can make important contributions to the happiness of society as a whole. With better facilities and support systems, the younger generation can send a healthier lifestyle and encourage sports to choose as an effective profession. This investment not only improves international sports results, but also creates a strong and lively sports culture in Japan. "

India, West Asia, Chairman RHI Magnesita LTD. MD & amp; CEO PARMOD SAGAR "The $ 11. 11 trillion was assigned to the infrastructure division in the middle budget for FY2024, achieved $ 7 trillion economy by 2030. As a growth driver to do, it proves that the infrastructure division will play an important role in federal budgets, and the industries will be distributed to the elastic industries. It has a significant meaning in recognizing that it will continue to play an important role in economic growth. This is the request of the times, and in accordance with the philosophy of "ATMA NIRBHAR BHARAT", we will support the localization and production of manufacturing, increase domestic production capacity, and revitalize the infrastructure department. It is a thing.

Aparna Acha Career, Koto c o-founder "Women have defeated barriers, have broken their stereotypes, and have advanced into a more fair and equal society. Their influence has been in many fields and the business situation has been completely changed. We have achieved remarkable results in various fields this year, aiming to enhance women's soci o-economic status and provide better opportunities to succeed as a leader and entrepreneur. It is expected that a powerful policy will be made to promote women's work and promote digital entrepreneurs in accordance with women's vision. I am convinced that the budget of women can give power to the wome n-led business by improving the environment where women can grow.

Abeshk Sinha, Heal Span c o-founder, "As the federal budget of 2024 approaches, we have strongly requested the Minister of Finance to give priority to comprehensive medical expenses and powerful support for pharmaceutical innovation. Given the recent global health issues, it is essential to strengthen medical infrastructure so that it can withstand future crisis and make it easier for all people to use. It is an infrastructure for some important changes to the medical industry as a whole, especially by reducing the GST to 5 % and securing continuous investment in hospitals with a tier 2 or less. ・ By treating as a project, you can reduce interest rates and prioritize borrowing from financial institutions.

Digitization of medical data is indispensable, and by obligating ABHA and NHCX for all medical practice, both private and government agencies will be able to use big data modeling by AI/ML. The improvement of the skills of medical professionals is not an immediate priority, but we hope that the federal government will open this way through the Skill India program.

Considering recent pandemics, it is necessary to make medical infrastructure stronger. This can be achieved by providing subsidies to hospitals and medical infrastructure projects, which significantly boosts the medical economy. Aparna Acha Caater, Kot o-c o-founder "Women have defeated barriers, broken stereotypes, and have advanced to a more fair and equal society. Their influence has been in many fields and business We have changed the situation and achieve remarkable results in various fields this year to enhance women's soci o-economic status and provide better opportunities to succeed as a leader and entrepreneur. For this purpose, the empowerment of women is expected to promote women's labor participation and promote digital entrepreneurship in the next budget. I am convinced that by improving the access to finance and capital while preparing for women. "

Considering recent pandemics, it is necessary to make medical infrastructure stronger. This can be achieved by providing subsidies to hospitals and medical infrastructure projects, which significantly boosts the medical economy. Aparna Acha Caater, Koto c o-founder, "Women have defeated barriers, broken their stereotypes, and have advanced to a more fair and equal society. Their influence is in many fields and the business situation The purpose of this year's mediu m-term budget is to enhance the social economic status of women and provide better opportunities to succeed as a leader and entrepreneur. It is expected that women's enthusiasts will be promoted on the next budget, promoting women's participation and promoting digital entrepreneurship. I am convinced that by improving financial and capital access to wome n-led business while preparing for women to grow. "

Considering recent pandemic, it is necessary to make medical infrastructure stronger. This can be achieved by providing subsidies to hospitals and medical infrastructure projects, significantly supporting the medical economy. "

"As a digital financial company, the budget in 2024 stimulates the FinTech category and supports the growth of the banking industry, and the bank industry supports the growth of the FinTech category," said Brigish Chokla, a c o-founder of Wecredit, a c o-founder of WECREDIT. We expect to prioritize the expansion of policies. The initiative that promotes the cooperation of the government and the FinTech company may further enhance the tax incentives, which is an innovative loan that fits the diverse needs in the Indian market. It will support the product. "

Propertypistol founder and managing director Asish Naraine Agalwar, who is looking forward to the Federal Budget in fiscal 2024-25, is looking forward to supporting the Minister of Finance. If real estate is recognized as an industry, you can expect great economic effects, and the on e-window clearance system rigents project approval. This not only simplifies the process, but also reduces delays and more efficient operations.

The main requirements of the industry include the management of the industry status and the establishment of a single window clearance system. In addition, it supports stamp tax concessions and simplified REIT tax systems. Reducing GST tax rates for su b-control properties is also essential. Playing schemes such as SwamiH Fund and CLS will help those who buy houses for the first time, greatly supporting affordable housing projects.

Expanding the definition of affordable housing, covering more recipients, providing tax incentives for rental income, and revising housing requirements at reasonable prices. Raising the mortgage interest deduction limit is also an important demand to bring great benefits to our customers.

Amit Ghenka, Nisas Finance MD and CEO I have continued real estat e-friendly real estat e-friendly policies, further concessions in fields such as storage and data centers, and other other on the other side. We hope that an investment preferential system will be implemented. As a whole, we hope that this budget will support housing buyers and developers and promote a transparent environment where global capital is attracted to India.

Ravi Ramesh Pilani, MD, Pilani Real Estate. With the Union Budget 2024-25 just around the corner, the real estate sector has high hopes from the Finance Minister. The industry is lobbying for recognition as an industry that can provide financial benefits and streamline project approvals through a single window clearance system. This will not only simplify the process but also reduce delays to a great extent.

Control of industry status and introduction of a single window clearance system are key requirements. Additionally, stamp duty benefits and simplification of tax regime for Real Estate Investment Trusts (REITs) are also essential. The sector is also seeking an increase in the deduction threshold for home loan interest payments and a reduction in GST rates on under-construction properties. Regeneration schemes such as SWAMIH Fund and Credit Interned Scheme Scheme (CLSS) will support affordable housing projects and benefit first-time home buyers.

Industry advocates have called for expanding the definition of "affordable housing" to include more recipients, providing tax benefits for rental income, and revising the qualifying criteria for affordable housing. Expanding the mortgage interest deduction is also a key demand. D2C Leader Priyanka Sarot, Co-Founder, Sleep Co. "India has a booming economy and is doing much better than most developed countries in terms of GDP growth. With the upcoming Union Budget, we expect the government to focus on economic growth and provide a major boost to entrepreneurship and innovation, which will lead to the development of the entire startup ecosystem. Today, consumers are evolving and investing in products that they feel are good for them. With the country's economy poised for strong growth, people's spending power is increasing, leading to discretionary spending in households. With this shift in consumer trends, we are confident that the mattress industry will continue to grow. As the fastest growing brand in the industry, we look forward to Sleep Co. continuing to reach more customers and improving the way people sleep and sit in India."

Shubham Jhuria, CFO & Partner, Aeravti Ventures, said, "The third term government will continue to focus on business growth in India by encouraging rapid development of the startup ecosystem. There has been a notable increase in government support for private sector participation in the aerospace and defense industry. I expect to see positive policy developments in these areas as well, similar to energy and agriculture.

Furthermore, I expect the government to focus on grassroots development of the startup ecosystem. This can be achieved by creating a policy framework that simplifies the setting up of seed capital, venture capital funds and angel investors. Reducing compliance complexities and strengthening tax regimes would also be beneficial. By addressing these fundamental aspects, the government can demonstrate its commitment to founders and investors, both domestic and international, to making India a global technology leader."

Manikant Challa, Founder & CEO, Workfruit Now that the Union Budget 2024 has been announced, the recruitment and startup ecosystem is looking forward to further advancements in technology and innovation. In recent years, the integration of AI and machine learning has revolutionized the recruitment process, making it more efficient, inclusive and accessible. What we expect from this Budget is continued support for digital infrastructure and technology solutions that streamline hiring and drive business growth.

Mirroring last year's Budget, which laid a solid foundation for digital transformation by allocating funds to foster AI research and startup ecosystems, we hope this year's Budget will build on these initiatives. In particular, we expect to see increased investments in AI research and development to boost talent acquisition and educate candidates on the right opportunities more precisely.

However, it is clear that many colleges and educational institutions still lack technology, infrastructure, and resources. For example, many educational institutions struggle with outdated computer labs, limited access to high-speed internet, and inadequate training programs for both students and faculty. These disparities hinder educational institutions' ability to adequately prepare students for a technology-driven job market. Last year's budget did not allocate sufficient funds to address these critical areas, leaving a significant portion of educational infrastructure ill-equipped for the future.

We believe that the next budget should prioritize significant investments in educational technology and infrastructure. This could include upgrading computer labs, ensuring widespread access to high-speed internet, and providing robust digital skills training programs. This will better prepare the future workforce to meet the demands of a rapidly evolving labor market.

RHI Magnesita India President and CEO Palmod Sagal Africa "The Growth of Evil Economy of Economic Economy has been assigned to the infrastructure category in the infrastructure division in the middle budget in FY2024 by 2030. This is a proof of the category in the federal industry in the federal budget for the infrastructure. It will have a great sense to use the potential of makeup in indires to recognize that it will continue to play an important role in economic growth. This is a request for the industry, which is a request for such Initiative, which has been mobilized for the creation of the infrastructure division in accordance with the philosophy of "ATMA NIRBHAR BHARAT", supporting the procurement and manufacturing. It is something to do. Shailesh DHURI, CEO, Decimal Point Analytics, this time budget assembly is ready to solve the potential of our economy by reducing government office work, increasing trade opportunities, and reforming stat e-owned companies. This budget rationalizes tax system, promotes infrastructure investment, and strengthens education and medical care. In addition to greatly improving the rural infrastructure, it will further emphasize the weakest position by providing the universal insurance system, the focused cash benefits, and the opportunity for microfinance. In order to promote lon g-term growth, the budget also prioritizes innovation by increasing R & D and increased expenditures on innovation. In addition, we will strengthen technical ti e-up. Furthermore, by modernizing agriculture and implementing labor reform, this budget will build a foundation for future dynamic and skilled labor.

Key expectations:- GST cut: The Goods and Services Tax (GST) on waste lithium-ion batteries is expected to be cut to 5% from 18%, the same as the GST rate on lead-acid batteries. This adjustment will rectify the inverted tariff structure and make the recycling process more economically viable.

- Expansion of FAME II: Industry players are pushing for a possible expansion and extension of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) programme. This expansion is necessary to maintain the momentum of EV adoption and boost battery recycling.

The government's target of 30% electric vehicle penetration by 2030 is expected to be achieved through the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) initiative, which is being driven by the electric vehicle (EV) industry. This can only be achieved by extending the Hybrid and Electric Vehicles program.

Production consolidation incentive (PLI) system: A PLI system dedicated to recycling lithiu m-ion batteries is being promoted. With the support of this system, the recycling industry will be promoted to growth and greatly contribute to the sustainable target of India. The government can support the expansion of the industry by expanding the PLI projects throughout production to recycling.

-It is expected to include further incentives for renewable energy, such as the transition to a green energy project incentive and the recycling of batteries that are indispensable for the recycling economy. In addition, it is expected that the simplification of the original waste management scheme and recycling rules will be given.

-R & D and Innovation Investment A: Another important expectation is the expansion of funding to the battery cycle infrastructure and technology R & D. Improving domestic battery cycle abilities and laboratory spaces helps to expand domestic industries while reducing dependence on imports.

With these measures, it will be useful not only for the recycling department, but also for a wider environment and economic goals, such as reducing the importance of India and approaching zero emissions by 2070. Production consolidated incentive (PLI) system: PLI system for recycling lithiu m-ion batteries is being promoted. With the support of this system, the recycling industry will be promoted to growth and greatly contribute to the sustainable target of India. The government can support the expansion of the industry by expanding the PLI projects throughout production to recycling.

With these measures, it will be useful not only for the recycling department, but also for a wider environment and economic goals, such as reducing the importance of India and approaching zero emissions by 2070. "Production consolidation incentive (PLI) system: PLI system for recycling lithiu m-ion batteries is being promoted. With the support of this system, the recycling industry will be promoted to growth and greatly contribute to the sustainable target of India. The government can support the expansion of the industry by expanding the PLI projects throughout production to recycling.

Swapnil Bhaskar, Head of Strategy, Niyo, said to ease the financial burden on students and solo travellers and boost global businesses, Niyo is looking to see a reduction in TC from 20% to 1% (on par with crypto) for international transactions above a threshold in the upcoming budget. It should also be increased to a minimum of Rs 100 million. Bringing credit cards under TCS will ensure a balanced vehicle with other payment instruments, consistent regulatory oversight, enhance transparency, prevent fraud and align credit card usage with other forms of international remittances for balanced financial governance. The authorisation of digital banks is in line with the government's push towards a digital economy, with the aim of enhancing financial inclusion, fostering innovation, streamlining banking operations, technology for better customer experience and reducing operational costs. Moreover, raising the LRS limit to $500, 000, taking into account inflation and the latest revision in 2015, will benefit cross-border transactions. Introducing a small MDR on large UPI P2M transactions will help cover operational costs, ensure viability of UPI services, support continuous innovation, and maintain a robust payments infrastructure while balancing merchant interests. Swapnil Bhaskar, Head of Strategy at Niyo, said: To ease the financial burden on students and solo travelers and boost global businesses, Niyo expects the TC to be reduced from 20% to 1% (on par with crypto) for international transactions above a threshold in the next budget. It should also be increased to a minimum of Rs 10 lakh. Bringing credit cards under TCS will ensure a balanced vehicle with other payment instruments, consistent regulatory oversight, increase transparency, prevent fraud, and align credit card usage with other forms of international remittances for balanced financial governance. The authorization of digital banks is in line with the government's push towards a digital economy, with the aim of enhancing financial inclusion, encouraging innovation, streamlining banking operations, technology for better customer experience, and reducing operational costs. Moreover, raising the LRS limit to $500, 000, taking into account inflation and the latest revision in 2015, will benefit cross-border transactions. Introducing a small MDR for large UPI P2M transactions will help cover operational costs, ensure viability of UPI services, support continued innovation, and maintain a robust payments infrastructure while balancing merchant interests. To ease the financial burden on students and solo travelers and boost global businesses, Niyo expects the TC to be reduced from 20% to 1% (on par with crypto) for international transactions above the threshold in the next budget. It should also be increased to a minimum of Rs 100 million. Bringing credit cards under TCS will ensure a balanced vehicle with other payment instruments, consistent regulatory oversight, enhance transparency, prevent fraud, and align credit card usage with other forms of international remittances for balanced financial governance. Authorization of digital banks is in line with the government's drive towards a digital economy, with the aim of enhancing financial inclusion, fostering innovation, streamlining banking operations, technology for better customer experience, and reducing operational costs. Furthermore, increasing the LRS limit to $500, 000, taking into account inflation and the latest revision in 2015, will benefit cross-border transactions. Introducing small MDRs for large UPI P2M transactions will help cover operational costs, ensure viability of UPI services, support continued innovation, and maintain a robust payments infrastructure while balancing merchant interests.

Sanjiv Kanwal, Managing Director, Yara South Asia: "Ahead of the Union Budget, we are looking at policies that will stimulate the agriculture sector, improve ease of doing business and promote a more sustainable and resilient agriculture ecosystem. We look forward to initiatives to strengthen credit and insurance frameworks for farmers and introduce an Agriculture Promotion Fund to foster growth. India's growing population requires focus on sustainable soil management practices, including regenerative agriculture, along with water-efficient technologies and streamlined crop nutrient regulations. In addition, equalization of taxes and direct benefit transfers on fertilizers and micronutrients will enable farmers to improve both the quantity and quality of their produce while minimizing the impact on the environment. This, in turn, will strengthen India's position in the global market. We are committed to working with the government and industry players to streamline regulations, empower farmers, ensure ease of doing business and promote a robust agri-economy that prioritizes long-term sustainability." Satyendra Prasad Narara, President, Regency Ceramics and Director, Regency Ceramics Satendra Prasad Narara: We hope that the Budget 2024 will address the issues of the MSME sector, especially the issue of late payments from customers, and ensure adherence to the 45-day payment schedule. The Budget should include provisions to ensure the financial health of MSMEs (such as interest subsidised working capital, removal of cooling off period for bank loans, etc.). It should also revamp production-linked incentives by reducing import duties on raw materials.

We request the government to bring natural gas for industrial consumers under the GST regime, especially in the ceramic tiles sector, as fuel is a major component of production cost. We also expect that the increase in housing supply under the Prime Minister Awas Yojana and provision of facilities for home purchase and construction to the middle class will boost demand for the Indian ceramic industry and increase production potential.

We hope that the Budget 2024 will streamline the upside-down tariff structure across sectors, improving the competitiveness of Indian manufacturing and boosting domestic production. Sanjiv Kanwal, Managing Director, Yara South Asia "Ahead of the Union Budget, we are looking at policies that will stimulate the agriculture sector, improve ease of doing business and promote a more sustainable and resilient agriculture ecosystem. We are excited about initiatives to strengthen credit and insurance frameworks for farmers and introduce an agriculture promotion fund to foster growth. India's growing population requires focus on sustainable soil management practices, including regenerative agriculture, along with water-efficient technologies and streamlining crop nutrient regulations. In addition, tax equalization and direct benefit transfers on fertilizers and micronutrients will enable farmers to improve both the quantity and quality of their produce while minimizing the environmental impact. This, in turn, will strengthen India's position in the global market. We are committed to working with the government and industry players to streamline regulations, empower farmers, ensure ease of doing business and promote a robust agri-economy that prioritizes long-term sustainability." Satyendra Prasad Narara, Managing Director, Regency Ceramics, Managing Director, Regency Ceramics Satendra Prasad Narara: We hope that the Budget 2024 will address the issues of the MSME sector, especially the issue of late payments from customers, and ensure adherence to the 45-day payment schedule. The Budget should include provisions to ensure the financial health of MSMEs (such as interest subsidised working capital, removal of cooling off period for bank loans, etc.). It should also revamp production-linked incentives by reducing import duties on raw materials.

We hope that the Budget 2024 will streamline the upside-down tariff structure across sectors, improving the competitiveness of Indian manufacturing and boosting domestic production. Sanjiv Kanwal, Managing Director, Yara South Asia: "Ahead of the Union Budget, we are looking at policies that will stimulate the agriculture sector, improve ease of doing business and promote a more sustainable and resilient agriculture ecosystem. We look forward to initiatives to strengthen credit and insurance frameworks for farmers and introduce an Agriculture Promotion Fund to foster growth. India's growing population requires focus on sustainable soil management practices, including regenerative agriculture, along with water-efficient technologies and streamlined crop nutrient regulations. In addition, equalization of taxes and direct benefit transfers on fertilizers and micronutrients will enable farmers to improve both the quantity and quality of their produce while minimizing the impact on the environment. This, in turn, will strengthen India's position in the global market. We are committed to working with the government and industry players to streamline regulations, empower farmers, ensure ease of doing business and promote a robust agri-economy that prioritizes long-term sustainability." Satyendra Prasad Narara, President, Regency Ceramics and Director, Regency Ceramics Satendra Prasad Narara: We hope that Budget 2024 will address the issues of the MSME sector, especially the issue of late payments from customers, and ensure adherence to the 45-day payment schedule. The budget should include provisions to ensure the financial health of MSMEs (such as interest subsidised working capital, removal of cooling off period for bank loans, etc.). It should also revamp production-linked incentives by reducing import duties on raw materials.

We request the government to bring natural gas for industrial consumers under the GST regime, especially in the ceramic tiles sector, as fuel is a major component of production cost. We also expect that the increase in housing supply under Prime Minister Awas Yojana and provision of facilities to the middle class for home purchase and construction will boost demand for Indian ceramic industry and increase production potential.

We hope that Budget 2024 will streamline the upside-down tariff structure across sectors, improving the competitiveness of Indian manufacturing and boosting domestic production.

Aj Nair, Chief Consultant and Advisor, Mira Hospitality: "It is imperative that the new government recognises the hospitality sector as a formal industry, given its significant contribution to the country's GDP and employment. The main thing we hope for is that the tax system will be simplified by making it a uniform tax rate and reducing property taxes to strengthen the business base and encourage strategic investments in infrastructure development."

Streamlining the regulatory process is equally important. Making it easier to meet compliance requirements will enable the sector to reduce external costs, thereby lowering costs and accelerating expansion efforts. We also hope that resources will be allocated to training programmes to improve the skills of those entering the hospitality industry. This will not only strengthen the industry but also ensure its long-term sustainability."

Praveen Grover, Vice Chairman and Managing Director, said: "Ahead of the upcoming Budget, it is imperative to highlight the need for tax incentives and subsidies for research and development. These measures are essential to encourage innovation and incentivize companies like ours to bring new technologically superior solutions to the market. The technology industry is looking forward to a transformative period that can set new benchmarks for innovation and growth. We are excited about increased allocations for digital infrastructure, artificial intelligence and cybersecurity, strengthening India's position as a global technology hub.

We are also excited about incentives to boost investments in start-ups and emerging technologies, and advance our vision of a digitally empowered society. Policies that streamline the regulatory framework and promote ease of doing business will hopefully enable the entrepreneurial ecosystem to flourish, leading to sustainable growth and business innovation. The Start-Up India initiative has provided valuable support, but a sizeable dedicated fund is needed to truly advance India's AI and other technology sectors.

Similarly, the Skill India Digital initiative will also be a key driver of growth for India. Further investments in can improve workforce capabilities. Nurturing innovation in emerging technologies is crucial for India to remain competitive on the global stage. Streamlining Advance Payment Agreements (APAs) and Reciprocal Agreement Procedures (MAP) regulations will also play a key role in this journey."

Rockwell Automation India, Managing Director Dirip Sorny, "India, is in advantageous government policy, rapidly growing market, expanding consumer demand, and a global value chain In order to achieve this goal as a world manufacturing base, India is boosted by the supply chain dynamics. It is necessary to maximize gender and promote sustainable growth.

The Federal Budget for 2024-2025 should continue to support successful policies and introduce new measures through budget initiatives on production-linked (PLI) schemes, export promotion, trade agreements, tax reforms, and infrastructure investment. 。 In addition, upgrading the labor that will become prominent forces through hig h-quality national training programs on clean technology, alternative energy, electric mobility, artificial intelligence (AI), machine learning (ML), data science, robot engineering, and cyber security. A higher public expenditure should be assigned to Industrial R & D (R & Amp; D).

Samarth Udyog Bharat 4. 0 Under the Initiative, the entire ecosystem should focus on improving the competitiveness of Indian manufacturing, especially small and mediu m-sized enterprises, by providing incentives to introduce smart manufacturing technology as a whole. 。 "

AppRecIate c o-founder and COO Surock Slivastav "The concept of" VIKSIT BHARAT "requires expanding financial wrapping in all economic sectors, and has a strong digital digital for such deep financial access and education. In the middle budget, it is expected to increase the expenditure of the financial field (1. 3 % increase) and the communication field (0. 3 % increase).

In the past four years, government capital has grown an average annual growth rate of about 29%, whereas revenue and expenditure has only grown at an average annual growth rate of about 10%. In order to sustain the necessary capital growth without decelerating the revenue expenditure any further, increasing tax revenue and no n-tax income are prioritized. Therefore, this will require a subtle sense of balance. Rockwell Automation India, Managing Director Dirip Sorny, "India is an advantageous government policy, a rapidly growing domestic market, expanding consumer demand, and a global value chain In order to achieve this goal as a global manufacturing base, India has been raised, improving resilience and improving quality, improving quality. It is necessary to maximize the possibility of labor and promote sustainable growth.

The Federal Budget in 2024-2025 should continue to support successful policies and introduce new measures through budget initiatives on production-linked (PLI) schemes, export promotion, trade agreements, tax reforms, and infrastructure investment. 。 In addition, upgrading the workforce that will be prominent in the future through hig h-quality national training programs on clean technology, alternative energy, electric mobility, artificial intelligence (AI), machine learning (ML), data science, robot engineering, and cyber security. A higher public expenditure should be assigned to Industrial R & D (R & Amp; D).

In the past four years, government capital has grown an average annual growth rate of about 29%, whereas revenue and expenditure has only grown at an average annual growth rate of about 10%. In order to sustain the necessary capital growth without decelerating the revenue expenditure any further, increasing tax revenue and no n-tax income are prioritized. Therefore, this will require a subtle sense of balance. Rockwell Automation India, Managing Director Dilip Sorny, "India is an advantageous government policy, a rapidly growing domestic market, expanding consumer demand, and a global value chain In order to achieve this goal as a global manufacturing base, India is boosted by the changing supply chain dynamics. It is necessary to maximize possibilities and promote sustainable growth.

Dr. Rakesh Gupta, Chairman, Sarvodaya Healthcare, Faridabad: "We expect a significant increase in healthcare spending in the upcoming budget. Prioritizing primary healthcare, investing in strong healthcare infrastructure, and putting in place policies that promote medical research and innovation are important steps towards building a healthier India. We expect significant funding for strengthening public healthcare facilities, especially in rural areas, and incentives for the private sector to strengthen healthcare services. In addition, tax incentives for medical devices and medicines can boost domestic production and affordability."

In the 2024 Union Budget, it will be important to prioritise initiatives that lead to sustainable development. Investments should be focused on renewable energy projects, green infrastructure, and sustainable agriculture. It would also be a good idea to reduce value-added tax on renewable energy components. In addition, steps should be taken to promote technology and innovation in the field of sustainability. "

Ankush Sabarwal, Founder and CEO, CoRover. "Looking ahead to Budget 2024, I am optimistic that India's AI development can take a big step forward. The government can play a pivotal role by expanding investments in AI research and development, strengthening public-private partnerships, providing tax incentives, and establishing AI-specific training programs to develop talent with essential skills.

The Budget should build on our earlier vision of "Make AI in India, make AI work for India" and take a big step forward to "Make AI work for the world". By focusing on technology and AI to address global problems, this vision will foster innovation, collaboration, and a brighter future. Budget 2024 can make India a global leader in AI, drive growth and jobs, and improve lives. "

Abhinav Kumar, Whole-time Director and Managing Director, Brand Concepts Limited: "We look forward to policies that strengthen the retail sector and boost domestic consumption. We look forward to measures that encourage entrepreneurial activity and create an enabling environment for businesses to grow. Such policies will not only support the industry but will also play a key role in driving the country's economic recovery."

We are particularly paying attention to the needs of wage workers and taxpayers. If their purchasing power increases, they can significantly raise consumption. In addition, programs to promote agricultural consumption in rural areas are also important. The emphasis is on expanding the presence of Tier 2 and Tier 3, which we feel greatly growing.

In addition, it is essential to consider tax cuts and subsidies for companies that adopt sustainable and environmentally friendly practices. In the next budget, Indian hospitality should be positioned as an important driving force in economic growth and accelerating tourist agendas. Working on these departments promises the prosperity of the retail department and the prosperity of the state. "

Rio Hills Hospitality founder Jagumohan Shin "" Sustainable sightseeing is an important factor in responsible travel, an integrated approach that deals with economic, social, and environmental factors. Sustainable. Practice sightseeing can reduce the adverse effects, improve positive results, and contribute to the happiness of the next federal budget and the sustainable tourism. It is expected that GST transfer to domestic rural areas in the state of the state, initial subsidies for economic strengthening, direct exchange between sellers and buyers of organic agricultural products will be promoted, which will provide support through efforts to support local traders. It is done.

Josh Folger, a president of ZETWERK consumer electronics. "As the annual budget of India approaches, the electronic system design and manufacturing (ESDM) section presented a compelling case of policies that accelerate domestic manufacturing and reduce dependence on imports. The government has been further advanced in the past budget for the past 10 years.

An important proposal focuses on the production consolidated (PLI) system. PLI can promote domestic production of main parts of ESDM by prioritizing added value and rear integration. This not only strengthens domestic value chains, but also enhances India's confidence and opens the way to integrate global value chains, and to achieve the vision of "Viksit Bharat" (developed countries). This is an important step.

It is important to increase value addition across all categories, be it mobile phones, accessories, white goods or IT hardware, and manufacturers like Zetwerk are actively setting up factories across the country to support this goal.

The ESDM sector also supports a level playing field that encourages fair competition for all participants. Policies should ensure a level playing field that allows value addition and backward integration across the ESDM landscape, irrespective of size or place of origin.

Fiscal measures that encourage domestic sourcing of imports are equally important. Such an approach will strengthen domestic supply chains, empower local players and contribute to a more sustainable and resilient ESDM ecosystem.

These expectations go beyond just industrial development. It is in line with India’s vision of self-reliance. With the right prerequisite support, the ESDM sector is poised to contribute significantly to India’s economic growth and technological advancement. The upcoming Budget presents a strategic opportunity to unlock the full potential of the sector by propelling India’s ESDM engine forward. "

Dr. Prabhu Aggarwal, Principal, Badruka Institute of Management The upcoming Bill 2024 has the potential to be a game changer for higher education in India. The focus on giving autonomy to institutions like ours will enable us to design and deliver cutting edge MBA programs that incorporate the latest trends in technology and artificial intelligence. This will ensure that our graduates are not only industry leaders but also equipped with the skills to navigate a rapidly evolving landscape. We are particularly enthusiastic about the Bill's potential to expand research opportunities and partnerships. This, with its focus on technology and artificial intelligence, will enable our future students to not only be industry leaders but also active contributors to transform India into a global knowledge powerhouse and reach new heights of innovation and progress.~Delhi Public School (Gurgram, Sector 45), Delhi Public School (Jaipur), Daravo High School (Jaipur), Vice Chairman Devyan Jaepria of DPS International (Gurgram). In consideration of the current economic situation and the need for educational reform, we are looking forward to the next budget that gives a significant increase in educational budget. In particular, we strongly request the government to significantly increase budgets for higher education institutions. Enhancing infrastructure, improving research abilities, and securing overall quality of education is essential for Japan's growth orbital. We, especially in the educational fields from kindergartens to high school, promise to achieve the optimal distribution of 6 % of GDP education in order to open a transformed reform and the way to establish a new educational institution. I want to do it. "

Ajai Si n-School Directo r-Skindia School "Education is to have students acquire the skills needed to be active in the changing world, not just the transmission of knowledge. 2024 budget announcement As we approach, we are looking forward to increasing educational budgets, especially in fields that promote abilities and innovative learning methods.

We believe that a large amount of investment in digital infrastructure, vocational training, and teachers training programs will greatly improve the quality of education. Such an initiative is extremely important in preparing students to respond to future labor markets. In addition, it supports policies to encourage educational institutions and industrial partnerships. Such partnerships can provide students indispensable for students to succeed in their career. I am optimistic that this budget gives priority to education and skill development, and that students will ensure sufficient preparation to make meaningful contributions to society and the economy. Delhi Public School (Gurgram, Sector 45), Delhi Public School (Jaipur), Dalavo High School (Jaipur), Vice Chairman Devyani Gaepuria of DPS International (Gurgram). In consideration of the current economic situation and the need for educational reform, we are looking forward to the next budget that gives a significant increase in educational budget. In particular, we strongly request the government to significantly increase budgets for higher education institutions. Enhancing infrastructure, improving research abilities, and securing overall quality of education is essential for Japan's growth orbital. We, especially in the educational fields from kindergartens to high school, promise to achieve the optimal distribution of 6 % of GDP education in order to open a transformed reform and the way to establish a new educational institution. I want to do it. "

We believe that a large amount of investment in digital infrastructure, vocational training, and teachers training programs will greatly improve the quality of education. Such an initiative is extremely important in preparing students to respond to future labor markets. In addition, it supports policies to encourage educational institutions and industrial partnerships. Such partnerships can provide students indispensable for students to successfully their careers. I am optimistic that this budget gives priority to education and skill development, and that students will ensure sufficient preparation to make meaningful contributions to society and the economy. Delhi Public School (Gurgram, Sector 45), Delhi Public School (Jaipur), Dalavo High School (Jaipur), Vice Chairman Devyani Jaepria of DPS International (Gurgram). In consideration of the current economic situation and the need for educational reform, we are looking forward to the next budget that gives a significant increase in educational budget. In particular, we strongly request the government to significantly increase budgets for higher education institutions. Enhancing infrastructure, improving research abilities, and securing overall quality of education is essential for Japan's growth orbital. We, especially in the educational fields from kindergartens to high school, promise to achieve the optimal distribution of 6 % of GDP education in order to open a transformed reform and the way to establish a new educational institution. I want to do it. "

Ajai Si n-School Directo r-Skindia School "Education is to allow students to acquire the skills needed to be active in the changing world, not limited to knowledge transmission. 2024 budget announcement As we approach, we are looking forward to increasing educational budgets, especially in fields that promote abilities and innovative learning methods.

Siddharth Chaturvedi - Director, AISECT As this year's budget approaches, it is important to prioritise investments in skill development and education. A rapidly evolving labour market requires a workforce equipped with up-to-date skills and practical knowledge. Allocating significant resources to vocational training, digital literacy programmes and industry-academia collaboration can promote youth empowerment and inclusive growth. Key focus areas include expanding government-funded programmes for future skills, increasing apprenticeship opportunities, anchoring the National Education Policy (NEP) in higher education institutions (HEPs) and allocating funds for expanding vocational education in schools. Furthermore, the education framework can be further strengthened by linking entrepreneurship education programmes with loan facilities, leveraging government subsidies to boost research and reducing VAT on online courses.

The budget should highlight an ecosystem where education and skill training go hand in hand to ensure that students are not just degree holders but industry-ready professionals.

Arun K Chittilappilly, MD, Wonderla Holidays said, "We at Wonderla are excited about the upcoming Union Budget and its potential to revolutionise the amusement park industry in India. Projected to reach ₹6, 000 crore at a CAGR of 20 per cent over the next five years, our sector is poised to stimulate the economy and boost travel and hospitality. We hope the Budget will prioritise protection from local allocation tax and support subsidies and accelerated depreciation for parks in tier-2 cities. These measures, in line with initiatives like Make in India, can stimulate industry growth, local production and job creation. The increase in the interest waiver limit from ₹2 lakh to ₹5 lakh and the basic waiver limit increased to ₹10 lakh." "Increasing the minimum age for amusement parks to 180 will boost spending on leisure and recreation in the country and stimulate disposable income. These changes will enable our industry to provide high-quality, safe entertainment to more people and transform it into an important part of India's economic and social fabric. We hope the Budget will unlock these opportunities and make world-class amusement parks and entertainment more accessible across India."

Dr. Rahul Sharma (Director of the International Association, India) We hope that the government will prioritize infrastructure safety and quality in waiting for the Federal Budget proposal. The government should consider not only incentives for innovative construction technology, but also to increase existing infrastructure maintenance and upgrade funds. This investment is indispensable for creating demand for related industries such as real estate sector, steel, cement, and other major input materials. By giving priority to infrastructure, the company aims to improve the quality of citizens' lives, create employment, promote economic prosperity, and ultimately strengthen the "Viksit Bharat" foundation. The use of a zinc plating steel sheet promotes sustainability by extending the life of the infrastructure.

Rajan Ie, Vice President and Managing Director, Deputy President and Managing Director in South Asian regions, said: "We hope that the government will continue commitment to the increase in infrastructure funds for the infrastructure of 11. 1. 1 billion rupees, as shown in the middle budget this year. It is extremely important for the thir d-place economic power, Vixit Barlat.

The clear task of building the world's to p-class infrastructure, such as roads, railways, airports, ports, renewable energy, and waterways, enables Sabka Saath Sabka Vikas. Providing access to remote villages, including border areas and northeastern Tohoku, will develop the government as well as the rural economy as well as urban economy. It's reassuring that the government emphasizes quality, speed and environmental consideration. All of these can be achieved together by setting project guidelines in the introduction of digital construction technology that spans design, construction, and solutions. "

Amit Nigam, an executive director and COO of Fintech companies like a bunkit, is working on financial wrapping in Tia 2 and Tia 3 cities with much higher operations costs. We strongly ask the government to provide subsidies to this sector. Dr. Rahul Sharma (Director of the International Association, India) We hope that the government will prioritize infrastructure safety and quality when waiting for the Federal Budget proposal. The government should consider not only incentives for innovative construction technology, but also to increase existing infrastructure maintenance and upgrade funds. This investment is indispensable for creating demand for related industries such as real estate sector, steel, cement, and other major input materials. By giving priority to infrastructure, the company aims to improve the quality of citizens' lives, create employment, promote economic prosperity, and ultimately strengthen the "Viksit Bharat" foundation. The use of a zinc plating steel sheet promotes sustainability by extending the life of the infrastructure.

Amit Nigam, an executive director and COO of Fintech companies like a bunkit, is working on financial wrapping in Tia 2 and Tia 3 cities with much higher operating costs. We strongly ask the government to provide subsidies to this sector.

In order to help us, it would be great if the government raised the TDS exemption of the BC agent, which provides cash services, and reduces / eliminates the GST of this sector. These changes will continue to promote financial inclination, including FinTech companies, and create a wonderful environment for a wide range of access to innovation and financial services. Supporting this sector will boost the entire Indian economy.

Bankits are convinced that the budget in 2024 can be a game changer for the role of the Fintech and the Indian economy in the future.

Harry Bajage, MOBEC founder and managing director, EV sector and sustainability, "As the next federal budget approaches, the Indian electric vehicle (EV) sector is at an extremely important crossroads. 100 % directly directly. Thanks to investment, new manufacturing base, improvement of charging infrastructure, and useful laws and incentives, this sector has grown remarkably throughout the year. The posture greatly supported the production of EVs, parts and batteries.

According to a survey by the Energy Financial Center (CEEW-CEF), the Indian EV market will be a business opportunity of $ 206 billion by 2030. This emphasizes the importance of continuous support by the government to ensure sustainable and rapid growth. The reputation II system has helped to create a foundation for the spread of EVs in India. At the end of March 2024, the provisional reduction of the EMPS scheme has become an issue for the industry. As a result, we hope to introduce a reputation III that provides subsidies comparable to reputation II to revitalize the industry and develop nationwide charging infrastructure. To help us, it would be great if the government raised the TDS exemption of the BC agent providing cash services and reduced / eliminated this sector GST. These changes will continue to promote financial inclination, including FinTech companies, and create a wonderful environment for a wide range of access to innovation and financial services. Supporting this sector will boost the entire Indian economy.

Bankits are convinced that the budget in 2024 can be a game changer for the role of the Fintech and the Indian economy in the future.

According to a survey by the Energy Financial Center (CEEW-CEF), the Indian EV market will be a business opportunity of $ 206 billion by 2030. This emphasizes the importance of continuous support by the government to ensure sustainable and rapid growth. The reputation II system has helped to create a foundation for the spread of EVs in India. At the end of March 2024, the provisional reduction of the EMPS scheme has become an issue for the industry. As a result, we hope to introduce a reputation III that provides subsidies comparable to reputation II to revitalize the industry and develop nationwide charging infrastructure. In order to help us, it would be great if the government raised the TDS exemption of the BC agent, which provides cash services, and reduces / eliminates the GST of this sector. These changes will continue to promote financial inclination, including FinTech companies, and create a wonderful environment for a wide range of access to innovation and financial services. Supporting this sector will boost the entire Indian economy.

Bankits are convinced that the budget in 2024 can be a game changer for the role of the Fintech and the Indian economy in the future.

Elim Poon - Journalist, Creative Writer

Last modified: 27.08.2024

Budget Expectations India, under PM Narendra Modi's leadership, has consistently increased healthcare allocation and spending. This article will delve into the key highlights and expectations for different sectors' industry leaders in Budget , based on pre-budget consultations. The upcoming Union budget will focus on the economic vision of the new government and management of fiscal policies.

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