Budget Reaction – Mobility and infrastructure

Budget Reaction Quote:: Srini Raghavan, Founder and CEO, EI

Dr. Jaijit Bhattacharya, Chair, policy working group, IET FoMT Panel & President – Centre for Digital Economy Policy Research & Adjunct Professor, IIT Delhi

“Very comprehensive budget with deep structural reforms laid out, that is the need of the hour. Heartening to see continued focus on social safety net in both urban and rural areas and new focus on extending pension to small shopkeepers. The continued focus on public spending, including USD 1.5 t on infrastructure over 5 years and housing, would help get the economy on track to become a USD 5 trillion economy in 5 years. The special focus on electric mobility is most welcome and will surely give a fillip to faster electrification of transportation.”