Parthesh Dhaggal

Parthesh Dhaggal

Founder, Enceplon

The Union Budget 2022-23 presented by our Hon. Finance Minister Smt. Sitharaman is forward looking, progressive and reformist. There are many positive features that will provide opportunities for various industries to grow manifold. I call it a technocratic and technology- focused budget that will accelerate India’s progress.

The implementation of Atmanirbhar Bharat in defense 5G auction and 5G roll out, optical fibers for all villages, extension of national highways by another 25,000 kilometers, 400 energy efficient Vande Bharat trains, metro trains in small cities, setting up of 14 new airports, green transport push, 100 new cargo terminals, and focus on hospitality sector revival, provision of Rs. 48,000 crores for the construction of 80 lakh new houses all augur well for the Indian economy and the electronic security industry in India.

Furthermore, the ease of doing business, single access to all citizens, massive tech push, incentives to start ups, digital banking, digital rupees using blockchain technology and upgradation of electric vehicles technology will put India on par with the developed nations.

In short, this is a very good budget and there are enough opportunities for all the industries to move forward and make a name.