Excitement mounts as the Budget 2024 announcement draws near, with experts delving into expectations and potential impacts across different sectors. From agriculture to IT, each industry has its wishlist, hoping for allocations and reforms that spur growth and innovation.
The Auto Sector:
In the auto industry, hopes are high for policies supporting electric vehicles (EVs) and infrastructure development. Stakeholders seek incentives for EV adoption and measures to boost manufacturing competitiveness.
FMCG Sector:
Fast-moving consumer goods (FMCG) companies anticipate initiatives promoting sustainability and digitization. They look for support in supply chain enhancements and consumer-focused strategies.
IT Sector:
The IT sector eyes measures to bolster digital infrastructure and skill development. Calls for tax incentives for research and development (R&D) and measures to enhance cybersecurity are prevalent.
Agriculture Sector:
Farmers and agricultural stakeholders seek reforms ensuring fair prices for produce and access to credit and markets. Investments in irrigation and technology are also on the wishlist.
Salaried Class:
The salaried class anticipates relief in income tax and measures to counter inflation. Affordable housing incentives and healthcare provisions are also desired.
Other Sectors:
From tourism to healthcare, various sectors express their hopes for budgetary support. Tourism stakeholders call for infrastructure development and promotional initiatives, while healthcare professionals stress investments in public health infrastructure and affordability measures.
Budget 2024 is eagerly awaited across sectors, each hoping for policies that drive growth, innovation, and societal welfare. Stay tuned for updates as the budget unfolds.
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