SME Times is powered by   
Search News
Just in:   • India’s infrastructure sees rapid progress in last decade as capex surges: FM Sitharaman  • India embraces cashless revolution in last 11 years: Nirmala Sitharaman  • Indian stock market opens in green, IT and PSU banks lead  • India now has 1.76 lakh registered startups, 118 unicorns: FM Sitharaman  • Centre’s wheat procurement at MSP rises to three-year high 
Last updated: 23 Jul, 2024  

BSE.9.thmb.jpg Budget to create opportunities, unlock multipliers for economy: BSE MD and CEO

Bse.9..jpg
   Top Stories
» India’s infrastructure sees rapid progress in last decade as capex surges: FM Sitharaman
» India embraces cashless revolution in last 11 years: Nirmala Sitharaman
» Indian stock market opens in green, IT and PSU banks lead
» RBI booster: EMIs, tenure set to come down for home loan borrowers
» RBI cuts repo rate by 50 basis points to 5.5 pc, changes policy stance to neutral
IANS | 23 Jul, 2024

Sundararaman Ramamurthy, the Managing Director and Chief Executive Officer (CEO) of the Bombay Stock Exchange (BSE) lauded the Union Budget and its nine priorities for thrust on the middle-class and inclusiveness of all segments including poor, youth, women and farmers – the four pillars of ‘Viksit Bharat’, as often underlined in PM Modi’s speeches.

The MD and CEO of the country’s leading stock exchange said that he finds the Budget “forward-looking, equitable, middle class-oriented, all-inclusive budget covering poor, women, youth, and farmers.”

In a video message, Sundararaman Ramamurthy said, “The Finance Minister's seventh straight budget has its objective 'Viksit Bharat'. With clear emphasis on nine priorities, it lays down the road map for infrastructure development, startups, SMEs, job creation and skill development, innovation.”

The BSE MD and CEO expressed confidence that the government’s focus on jobs creation across various segments will set new benchmarks and also have multiplier impact on the economy.

“This will usher in new opportunities, uplift demand, and unlock multipliers for the economy, including long-term capital formation with fiscal products,” he said.

The nine priority areas that were spotlighted in Finance Minister Sitharaman’s Budget included - productivity and resilience in agriculture, employment and skilling, improved human resources, social justice, manufacturing and services, urban development, energy security, infrastructure, innovation, research and development, and next-gen reforms.

--IANS

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter