Raman Roy, Co-founder, Indian Angel Network
FM’s Budget High focus on COVID 19 Vaccine: 35k crores and can allot more: enable India to get back on its feet quickly. The announcement of pneumococcal vaccine rollout in more than 5 states will impact the health care system towards a healthier Atmanirbhar Bharat. The additional budget for urban health and wellness centres will provide the necessary boost.
Focus on Digital transactions will enable Startups to create unique solutions for Atmanirbhar India.
Saurabh Srivastava, Co-founder, Indian Angel Network
Budget’s focus on health, hygiene, clean air, water: will need innovative solutions, great opportunity for startups! Easing for one-person companies and size of small businesses boost for startups. Margin money for stand up India 25 to 15% is a welcome move. One Nation- One Ration vision is an aspirational project benefitting 86% beneficiaries. Incentivising digital payments will help Fintech players. Measures to facilitate contract disputes will help investors
Ajai Chowdhary, Founder HCL, Board member IAN & IC member IAN Fund
Budget focus to move India into global supply chain: welcome move towards Atmanirbhar India. Big boost for startups with re configuring of OPCs, redefinition of small businesses: brings ease of business under Atmanirbhar Bharat. The budget allocated for the agricultural sector will lead to infrastructural development and create opportunities for startups in the sector leading towards self-reliant India vision.
Padmaja Ruparel, Founding Partner of IAN Fund
The Budget 2021 opens up opportunities for startups across Health, Hygiene, Water, Clean air, Sanitation, etc. The vision of Atma Nirbhar Bharat with a focus on Good governance and Women Empowerment will lead to a boost for Indian Economy. The Indian Startups have a great opportunity to innovate and help to sustain the Indian Economy. Non-conventional energy boosted with focus on solar and Non-renewable sources.
Reopening of tax cases reduced to 3 years from 6 years and increased income limit of 50 Crs
