Viral Kagrana, Finance Head of Neoniche Integrated Solutions

A long-waiting booster finally comes to the Middle Class of the Indian Population along with focusing of supporting to long-term sustainable economic growth driven by Agriculture, MSME, Investment, and Exports.

By exempting incomes from Rs 7 Lakhs to Rs 12 Lakhs putting back money in the pocket of the people there by boosting their disposable income and overall consumption of the economy.

Such a move will drive the engine for the coming years and resolve long awaiting benefits to the Middle-Class Indian Citizens.

Along with a focus on the Fiscal deficit goal to take the waves of economic global uncertainty and instabilities in parts of the world, it was great to see a boost in labor-intensive sectors such as food processors, textile, leather, and toys that are positioned to boost employment and skill development.

Also, the government continues its commitment to support MSME growth in the economy by focusing on ease of doing business whereas giving business benefits of the government scheme and access to credit thereby setting up the foundation for entrepreneurial culture in the ecosystem–