Budget reaction quote Mr Sam Cherian Founder and Managing Director Schevaran Laboratories

2/1/2021

Mr. Sam Cherian, Founder & Managing Director, Schevaran Laboratories Pvt. Ltd., views, "The Union Budget announced today comes as a structural reset for the Indian economy post the pandemic aftermath. The focus on key pillars- from agriculture to infrastructure to healthcare and digital & financial inclusion is overwhelming. In her budget 3.0, the Hon’ble Finance Minister pointed out that the manufacturing sector has to grow in double digits on a sustained basis for India to touch 5 trillion economy. This demonstrates positive vibes for the sector to further accelerate towards Aatmanirbhar Bharat, thereby, promoting investment and employment opportunities. The provision to launch Urban Swachh Bharat 2.0 Mission, outlaying at Rs 1.41 lakh crore over 5 years is laudable. It enhances India’s readiness for a healthy nation as well as broadens the business roadmap for various industries, including hygiene and cleaning. Overall, we believe that today’s budget is certain to impetus the country’s GDP in the coming days."  


 

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