Categories: Budget

Budget reaction by Manit Jain, Chairman, FICCI ARISE

New Delhi, January 01, 2020: In order to reach the target of average spend of USD 173 billion a year to achieve the SDG 4 by 2030, it would be an unrealistic expectation to see that coming solely from government and pure philanthropic initiatives. In this context, we welcome the Government’s steps towards encouraging sourcing External Commercial Borrowings and FDI to boost quality education. We hope this would pave the way for opening up and formalising the sector and ensuring long term responsible and patient capital, giving the much needed confidence to potential investors to invest in the sector and expect legitimate RoI as spoken about several times in the past.

Corporate Comm India (CCI Newswire)

The Pharma Times News Bureau

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