Categories: Latest

The increased customs duties will offset the government’s dedicated push towards promoting manufacturing in India by Industries Captains

New Delhi, February 02, 2018:

Mr.Rajiv Bhalla, Managing Director at Barco Electronic Systems

“The Union Budget 2018-19 is a balanced budget that I believe will help drive & sustain long-term growth for India. The increased focus on higher infrastructure spends, smart cities, digital India, and healthcare is a step in the right direction. With 99 smart cities being selected and an amount of over Rs. 2 lakh crore being allocated, it will give the nation a significant opportunity to upscale its Infrastructure as a growth driver. In addition, doubling the Digital India budget allocation this year is a step ahead towards becoming a digital-first economy which will assist in reshaping and empowering the country by leveraging technology.

The budget also brings momentum to India’s Healthcare by announcing Rs. 1,200 crore for 1.5 lakh wellness health centers, which is set to bring advancements in the Indian Healthcare sector.

Furthermore, we hope that impact due to the increased customs duties will offset the government’s dedicated push towards promoting manufacturing in India.

All in all, the budget is set to have a transformational impact and give a massive boost to the economy.”

Sathvik Vishwanath, Co-founder and CEO, Unocoin

Based on the Union Budget 2018 announcement, there is no change in government’s stance with respect to trading cryptocurrencies. Crypto currency holders need not panic and the business is as usual at Unocoin.

Corporate Comm India(CCI Newswire)

The Pharma Times News Bureau

Recent Posts

8 Ways Insomnia Affects Skin Health & How To Avoid It

By Dr. Priyanka Kuri, Consultant - Dermatology, Aster Whitefield Hospital, Bengaluru Insomnia, the persistent inability…

2 days ago

Breaking New Ground in Migraine Care: A Landmark Session on Diagnosis and Treatment

Illuminating Latest Advances in Migraine Diagnosis and Treatment New Delhi, December 21, 2024: In a…

2 days ago

Healthcare Startups to Watch Out for in 2025

New Delhi, December 20, 2024: The healthcare sector is undergoing a transformation fueled by technological…

3 days ago

DKMS’s First Global Impact Report of 2023 Serves as New Ray of Hope for Blood Cancer Patients Worldwide

National, December 20, 2024: DKMS just published its first Global Impact Report that outlines the organization's…

3 days ago

Sterling Biotech to start world’s first precision fermentation-based dairy protein factory in Gujarat

Ahmedabad, December 19, 2024: Sterling Biotech Limited, a joint venture between Perfect Day and Zydus, has…

4 days ago

Pioneers in Senior Care, Antara, Partners with Leading Diagnostics Player Dr. Lal PathLabs to Strengthen its Geriatric Care Services

New Delhi, December 19, 2024: Antara Senior Care, an integrated eco-system provider for lifestyle and…

4 days ago