- Bhupendra Patel says it reflects PM’s vision to make India developed country
- CM thanks Union Finance Minister Nirmala Sitharaman for providing relief to industries, such as diamond and sugar cooperatives, that have a sizable presence in the state.
- Budget inclusive meeting with growth aspirations of country, say industry leaders
NE BUSINESS BUREAU
GANDHINAGAR, FEB 2
While the Opposition parties criticised the Union Budget for favouring BJP-ruled and poll-bound states, Gujarat Chief Minister Bhupendra Patel on Thursday termed the Union Budget 2023-24 as “development-centric”, and said it reflects Prime Minister Narendra Modi’s vision to make India a developed country.
#AmritKaalBudget pic.twitter.com/dX8kPjISjT
— CMO Gujarat (@CMOGuj) February 2, 2023
He said the budget takes into account each and every strata of the society, including youth, women, farmers, poor, middle class, tribals, senior citizens and downtrodden.
Live: કેન્દ્રીય બજેટ અંગે માનનીય મુખ્યમંત્રી શ્રી ભૂપેન્દ્રભાઈ પટેલની પ્રેસ કોન્ફરન્સ https://t.co/QQmRTi25W1
— CMO Gujarat (@CMOGuj) February 2, 2023
“The Centre presented a development-centric budget on Wednesday. Along with the aim of making our country ‘aatmanirbhar’ (self-reliant), this budget reflects PM Narendra Modi’s roadmap to make India a developed country. The budget will also prove beneficial for Gujarat,” Patel told reporters.
He thanked Union Finance Minister Nirmala Sitharaman for providing relief to industries, such as diamond and sugar cooperatives, that have a sizable presence in the state.
આદરણીય મુખ્યમંત્રી શ્રી @Bhupendrapbjp જીને અર્પણ કરવામાં આવી ત્યારે મુખ્યમંત્રીશ્રીએ સમસ્ત ગુજરાતને ખૂબ ખૂબ અભિનંદન પાઠવ્યા.
— Kanu Desai (मोदी का परिवार) (@KanuDesai180) February 2, 2023
“GIFT City, diamond industry, dairy cooperatives and animal husbandry sector in Gujarat will benefit from this budget. Through this budget, the Centre gave income tax relief of Rs 10,000 crore to the cooperative sugar industry of the country. This will also benefit many sugar cooperative societies in Gujarat,” he said.
This development-centric budget has three key focus areas – boosting economic development, keeping a check on fiscal deficit and taking care of every class of the society, the CM added.
The budget also reflects the Modi government’s resolve for inclusive development and reaching the last mile, Patel said.
“Other key pillars of this budget were investment for infrastructure, youth power, green growth, capacity building and focus on financial infrastructure,” Patel said.
Budget inclusive meeting with growth aspirations of country, say industry leaders
Gujarat-based industry leaders hailed the Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on Wednesday, calling it inclusive and meeting the growth aspirations of the country.
Managing Director and Group CEO of GIFT City, Gandhinagar-based global financial and IT services hub, Tapan Ray said the budget emphasises on “growth aspirations of our nation”.
Anand Desai, Managing Director of Anupam Rasayan Limited, said the focus on inclusive development, including the development of infrastructure, green energy, youth power and strengthening of the financial sector “will reinforce macro stability of the Indian economy”.
The far-reaching measures announced in the budget will go a long way in strengthening the ease of doing business in IFSC at GIFT City, Ray said.
The establishment of an EXIM Bank subsidiary would encourage emerging sectors, such as aircraft and ship financing activities in GIFT City, he added.
As per Sunil Shukla, Director General, Entrepreneurship Development Institute of India (EDII), the budget is inclined towards encouraging the aspirations of young India with its emphasis on skilling, entrepreneurship, startups and the ease of doing business.
“The budget highlights an inclusive growth and economy for the Amrit Kaal. The PM Vishwakarma Kaushal Samman (PM VIKAS) package for traditional artisans and craft persons will boost the handicraft and handloom sectors,” he said.
