The Indian Finance Minister Mrs. Nirmala Sitharaman is all set to present the Union Budget 2019-20 on Friday, July 5 in the Lok Sabha.
Though 6th in the leadership of Prime Minister Mr. Narendra Modi, this is the first budget of his second tenure popularly referred as Modi 2.0. The stakes are also very high for the Finance Minister who, in contrast to her predecessor Mr. Arun Jaitley's legal perspective, has the Economics background as she holds M.Phil. in Economics from prestigious Jawaharlal Nehru University (JNU), New Delhi.
Will she go for populist spending or reforms? What she has for various stakeholders of Indian economy? The questions are scattered all around. Here we present a LIVE DISCOURSE on the Budget 2019-20 to which you can express your expectations, views and concerns in the form of comments, pictures and videos etc. This is purely an interactive platform to give impetus to your voice so that it could reach in the corridors of power.
Commenting on Budget 2019, famous Chartered Accountant Nrupesh Shah, the founder of Nrups Consultants LLP who is also the Executive Director: Symphony Ltd and Kalorex Group have said that the budget has missed golden opportunities.
Also Read: Budget 2019 missed Golden Opportunity to boost job creation: CA Nrupesh Shah
Dharmik Patel, the founder of Startup SatvaRas has said that the Budget will boost Start-Ups in India. "As a health food start-up, SatvaRas welcomes steps taken by the government in this budget. It will help a current or upcoming start-up to grow rapidly because ease of investment proposed in this budget.
Also Read: Budget 2019 will boost Startups In India: Dharmik Patel, A Startup Founder
Kamlesh Patel, Chairman and Managing Director, Asian Granito India Ltd has welcomed the Union Budget 2019 for the Tile Industry.
Also Read: Hiking Customs Duty on Tiles & Ceramics in Budget 2019 is welcome: Kamlesh Patel
Manan Choksi Executive Director of Udgam School for Children has said that the budget is very innovative and out-of-the-box for the Education sector.
Also Read: Budget is very innovative and out of the box: Manan Choksi, ED, Udgam School
The Union Budget presented by the Finance Minister today in the Parliament is a revolutionary document listing much-needed priority to the business community and SME sector. The announcements made in the budget if put to implementation in a strategic manner with a defined time frame will certainly lead India to a 5 trillion economy-said the Confederation of All India Traders (CAIT) which represents 7 crore traders in the Country. The budget will promote more exports which will gain more share in global market space and consolidate Country's position at global level-added CAIT.
Also Read: Traders Upbeat over Union Budget 2019
"The Union Budget 2019 is good and takes forward the plan that was laid out by the government during the Interim budget", said FICCI President Mr. Sandip Somany, while reacting to Modi government's annual Budget on Friday.
Commenting on the Budget 2019, Amol Naikawadi, JMD, Indus Health Plus has welcomed the budget for Healthcare Industry.
Post-budget presentation, Nobel Peace Laureate Kailash Satyarthi tweeted, "Glad to note that total budget allocated for children has gone up by 16 percent. Allocation for child protection services has been doubled that will better address the vulnerabilities of the most marginalized children. I congratulate the Narendra Modi Government for Budget 2019.
Glad to note that total budget allocated for children has gone up by 16%. Allocation for child protection services has been doubled that will better address the vulnerabilities of the most marginalized children. I congratulate the @narendramodi Government for #Budget2019
— Kailash Satyarthi (@k_satyarthi) July 5, 2019
Satyen Kothari, Founder & CEO, Cube Wealth, India's first '1 app, 1-minute" wealth creation service, has appreciated the provisions of Angle Tax and Cube Wealth in the Budget 2019.
Also Read: Satyen Kothari welcomes Angel Tax and Infrastructure Projects in Budget 2019
Speaking about the budget, Gurcharan Singh, Co-Founder & Director, LogixGRID said, ''This budget was for the new India. The reforms and schemes will especially benefit the new age entrepreneurs and start-ups. Initiatives like Stand-up India scheme and an especially dedicated program for Start-ups on DD will provide the much-needed thrust to the start-up sector. The start-up program will solve a lot of issues related to the sector like funding, research, and development. Also, the Stand-up India scheme has successfully produced 300 entrepreneurs in the last 3 years and moving forward we are expecting the rate to go much higher".
Also Read: Industry Leaders welcome the budget