Post-Budget quote from Country Manager at Astrum Holdings Ltd Puneet Dhandaria:
We are happy with the government’s decision to encourage start-ups and entrepreneurs. Provision of 7060 crore for smart cities, creating venture capital fund of 10,000 crore for micro, small and medium enterprises and 100 crore for technology development fund will inspire many product based companies; also it increases the employment opportunity. This year, we can also expect support towards our production and research fro m GST law. The focus on education, infrastructure and agriculture sector is really appreciable. Overall it’s a balanced budget and we are hoping to see the best execution of it.