The government’s commitment to help the “deserving” sections of the middle class to build their own houses, will have a positive impact : Sidharth Pansari

News Editor, Takmaa News, Kolkata, 3rd Feb 2024 : Sidharth Pansari, President of Credai Bengal says on post budget that We need to bear in mind that it is an interim budget while considering expectations for the economy going forward.
 
·         Having said that, the Hon’ble Finance Minister has given a confident budget ensuring focus on empowering the poor, women, youth and the farmers. The aim of fiscal consolidation is praiseworthy.
 
·         The government’s commitment to help the “deserving” sections of the middle class to build their own houses, will have a positive impact on the real estate sector going forward.
 
·         The proposal to increase the budget for infrastructure outlay by more than 11% shows the government’s commitment towards tangible development.
 
·         Also, the “Tech push” with a substantial corpus will ensure advancement not only in the defence sector but also in the manufacturing capabilities.
 
·         Extension of tax benefit for Start-ups to March 2025 is a welcome move as it will promote and instil confidence in young entrepreneurs of the country.