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'Budget aims to create abundant opportunities'

Business Standard

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July 24, 2024

Finance Sitharaman's Budget for the fiscal year 2024-25 outlines ambitious initiatives aimed at fostering economic growth, enhancing infrastructure, and encouraging innovation across various sectors.

- KRISHNA ELLA

'Budget aims to create abundant opportunities'

The Budget not only reflects a comprehensive vision for economic recovery and resilience but also signals a transformative shift towards sustainable development and inclusive growth.

Minister Nirmala It sets a definitive course for India's economic resurgence, underpinned by strategic investments in infrastructure, skilling, innovation, and social welfare. As we navigate the evolving landscape of global competitiveness, the biotechnology sector stands poised to leverage these opportunities for sustainable growth, technological innovation, and societal impact.

The Budget highlights ongoing efforts in nine strategic areas aimed at generating abundant opportunities for everyone.

By creating an enabling environment for research, entrepreneurship, and industry-academia collaboration, it paves the way for India to emerge as a global hub for biotechnological innovation in the years ahead.

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