Live Budget 2024 Expectations
Budget 2024 Expectations: Stakeholders Share Their Hopes and Predictions
As the Union Budget 2024 approaches, various stakeholders from different sectors have shared their expectations and predictions for the upcoming budget. From CEOs to founders, each individual has highlighted key areas that they believe the government should focus on to drive economic growth and development in the country.
Gaurav Jalan, Founder & CEO of mPokket, expects the government to double down on initiatives relating to upskilling of youth to improve employability. He emphasizes the importance of increasing jobs through easing credit access to small and medium businesses and providing incentives for research and investments from the private sector.
Nitya Sharma, Founder and CEO of Simpl, believes that the government should focus on adding higher disposable incomes in the hands of consumers to drive consumption and reduce the cost of operations for businesses. He also highlights the need for creating a level playing field for homegrown brands through simpler financing options.
Shaji Varghese, CEO of Muthoot FinCorp Limited, expects new initiatives for enhancing access to credit among MSMEs, especially in rural areas. He emphasizes the significance of gold loans in financial inclusion and hopes to see more liquidity assistance to NBFCs and credit guarantee to MSME lending.
Neeraj Akhoury, MD of Shree Cement Ltd, remains optimistic about significant allocations to housing and infrastructure. He anticipates further spending on highways, roads, bridges, and urban development to boost the cement industry and support sustainable growth.
Deepak Sharma, MD & CEO of Schneider Electric, expects the government to harness the potential of manufacturing, create employment opportunities, and expand economic activity. He emphasizes the importance of infrastructure development and initiatives to promote green energy technologies.
These are just a few of the voices sharing their expectations for Budget 2024. As the government prepares to unveil its budget, stakeholders across various sectors are hopeful for policies and initiatives that will drive growth, innovation, and sustainability in the Indian economy. Stay tuned for more updates and insights as the budget announcement approaches.
