Kalyan Krishnamurthy, CEO, of Flipkart Group, shared “The Budget is a bold move to enhance India’s human and organizational capital. It spares no effort in incentivizing the youth to upskill and join the formal workforce. The provisions of the budget will remove bottlenecks in the supply chain and lend big support to industries by encouraging clusters, establishing e-commerce export hubs, and improving credit flow to MSMEs. Reducing the TDS rate from 1% to 0.1% will significantly free up working capital for sellers. The development of DPI applications for urban governance shows the government’s focus on improving and easing daily life. The government’s commitment to green energy and critical mineral missions also underscores a forward-looking strategy to ensure sustainable development. This comprehensive and inclusive budget aligns with our nation’s aspirations to achieve ‘Viksit Bharat’ and lays a strong foundation for a prosperous and equitable society.“
