Tuesday, February 2, 2021

Budget 2021 Post-budget quote by Raktim Chattopadhyay, Founder & CEO, Esperer Onco Nutrition (EON) Pvt Ltd

As per the latest report by McKinsey by 2030, India needs to generate 90 million non-farming jobs over the next decade, which is possible if the GDP growth remains consistently above 8%. The recent GDP growth has been just 4%.

 

With above context and with the world's largest immunisation drive already underway, economic recovery is the major focus of Budget 2021. I see the Government is able to take great effort to address the same in the following way:

 

1)Increase in capital expenditure 

2)Tax stability 

3)Privatisation 

4)higher gov expenditure 

 

Negatives 

1)Changes in tariff was not essential 

 

Overall transparent budget with fair effort.

1 comment:

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