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Budget 2019 : praised by society leaders and industry

News mantra got mix reaction after budget 2019 . these are

Alka Singh, Principal – Blue Bells Model School.

“I congratulate Finance Minister Nirmala Sitharaman for reaching to the core of elements related to the education sector in India in the historic budget. The government’s decision to bring in a new educational policy at par with the global system will change the trend of outflow of students to foreign countries. It will make Indian students more capable and competitive globally. The FM’s decision to promote greater autonomy and focus on better academic outcomes in higher education will boost the morale of institutions and encourage them to go above and beyond to deliver a better result. Government’s decision to launch’ Study in India’s programme will attract foreign students in higher education resulting in an increase in our national income. ”

Paritosh Dey, Co-Founder & CEO, Benling India Energy and Technology Pvt Ltd. “Govt’s mission of bringing an Electric Vehicle (EV) revolution to India is truly path-breaking and will surely provide the much-needed impetus to the industry. In line with its road map for EVs in the next four years, the budget offers upfront incentives on the purchase of EVs. The move goes hand in hand with other measures to promote the sector, such as proposed reduction in the goods and services tax (GST) rate for EVs to 5 per cent from 12 per cent and batteries from 18 per cent to 12 per cent. We welcome the Government’s vision to protect the environment and lead energy revolution with EVs in the coming years.”

Dr. Omkar Rai, Director General, Software Technology Parks of India (STPI) 

“As government has taken so many remarkable reforms with this budget for boosting the economy, we are on the path of achieving a sustainable GDP growth rate of 8% in becoming a $5 trillion economy by 2024-25. Government focus on aggregating the services of key sectors such as infrastructure, energy, developing model for public-private partnership intending towards lot of collaborations by way of leveraging emerging technologies, FDI, ease of doing business, focus on R&D and digital economy shall definitely change the functioning of industry verticals and increase their productivity, which, in turn, will help in creating massive job opportunities and ensure all-inclusive growth of the countrymen. This development will eventually bring less-privileged people into the mainstream of the society.” Dr. Omkar Rai, Director General, Software Technology Parks of India (STPI)

iddarth Bharwani, VP – Brand & Marketing, JETKING for your perusal:
The Union Budget 2019 has been an education-friendly one with great emphasis laid on the reforming education policies and unlocking India’s potential to become an important educational hub in the world. The details of the new education policy announced by FM Nirmala Sitharaman will be one of the most awaited reforms from the budget announced today. With emphasis on the growth of the research and innovation in India, the government has announced an allocation of INR 400 crores towards strengthening the higher education system in India. This kind of support the government towards the education sector is truly heartening to see and is in line with India’s goal towards the 5 trillion economy. Additionally, focus has been laid on new age skills such as AI, IoT, Big Data and Robotics which are key demands in both national and international job markets. While the stepping stones to the importance of skill development in such fields have been laid, we are still awaiting further clarification on how this advanced skill development is to be achieved.
 Dr. M J Khan, Chairman, Indian Council of Food and Agriculture ( ICFA). 

“Except for the announcement of setting up 10,000 new-farmer producer organisations, there was no major boost to the agriculture sector in the budget 2019-20. However, I must say that a slew of measures, including MSP hiking of around 17 crops and farmers pension, have already been taken for the development of farmers as well as farm sector days ahead of the budget. In totality, this year’s budget is significant as it has also announced to create 100 startup incubators, 80 livelihood and 20 tech incubators, to provide incubation support to 80,000 startups including agri startups for the progress and development of our country.” Dr M J Khan, Chairman, Indian Council of Food and Agriculture

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