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Execution at grassroots key to unlocking India's growth, future

Business Standard

|

February 02, 2025

As an entrepreneur, scientist, and agriculturist, I believe a successful grassroots-level implementation of this Budget is essential.

- Krishna Ella

Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets.

Budget 2025 represents a crucial step towards empowering our youth, nurturing a sustainable startup ecosystem, and establishing India as a global leader in agriculture, medical tourism, and research.

The focus on promoting medical tourism under the "Heal in India" initiative is a noteworthy development to position the country as a global destination for medical care.

Moreover, the announcement to set up 200 daycare cancer centres in district hospitals is a welcome move. However, I believe this initiative could benefit from a public-private partnership (PPP) model, which would ensure efficient management and faster implementation and also maintain the quality standards.

Additionally, the exemption of basic customs duty on 36 lifesaving drugs is an important move that will make healthcare more affordable. While this will benefit MNC pharma companies, the government should have also looked at some reliefs for the domestic pharma players.

MEER VERHALEN VAN Business Standard

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Excise duty on tobacco, health cess on pan masala from Feb 1

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time to read

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Risk-weight rules for NBFC infra loans relaxed

The Reserve Bank of India (RBI) on Thursday eased its proposed risk-weight framework for infrastructure lending by non-banking financial companies (NBFCs) following industry feedback, as it retained key lender protection norms.

time to read

1 min

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BSE Sensex tops other asset classes by a hefty margin in 40 years

It has beaten gold and traditional savings, delivering a consistent winning streak while creating significant wealth for ordinary people who held their investments through decades of economic growth

time to read

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Business Standard

Legacy companies make way for modern businesses on the index

Family-owned firms’ predominance in the Sensex is in relative decline over the life of the index.

time to read

5 mins

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