Post Budget Reaction – Protium

Amit Garg

“The 1-year extension of the ECLGS scheme for MSMEs is a welcome and necessary measure to help businesses recover from the negative impacts of the ongoing pandemic. The numerous other policies outlined today, be it the infusion of additional credit worth Rs. 2 lakh crores to the Credit Guarantee Trust or the Raising and Accelerating MSME Performance programme that is to be rolled out, are an affirmation of what we have always believed at Protium: the MSME sector is the core of our economy and catalyst to the country’s growth and recovery. Protium is proud to be fueling the ambitions of such businesses.”

Souvik Sengupta

“India has always been an open and welcome environment for fintechs and start ups in general, with the 1 year extension to enjoy tax incentives being celebrated across the ecosystem as we speak. The 22-23 budget has provided some exciting prospects in the EV and drone segments that will no doubt play out in the industry during the coming months.”

 

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.