Post Budget Reaction :The Union Budget 2023-24 commits to green growth while focusing on augmentation and enhancing urban infrastructure Says Mr. Ramesh Nair, Colliers
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/81f9d84a976f84490eb63c1186b9513b.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below are Views On Post Budget Reaction By Mr . Ramesh Nair, CEO, India and Market Development, Asia, Colliers
"The Union Budget 2023-24 commits to green growth while focusing on augmentation and enhancing urban infrastructure, technology, and inclusive development. At the same time, the budget throws open the doors for increased consumption and capital investment, to drive growth. The capital outlay for infrastructure at INR10 lakh crore, or 3.3% of GDP is significant as it can lead to multiple effects across sectors and set a strong footing for resilient growth. This includes aspects such as the urban infrastructure development fund at INR10,000 crore per annum. A dedicated investment of INR 10,000 cr through the urban infra development fund will result in the creation of quality urban infrastructure thereby improving quality of life. This will also translate into higher demand for housing and commercial real estate.
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Dilip Chenoy, Chairman, Bharat Web3 Association.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Titan Company_.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indian Statergy_03july.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/coal37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/ashwini37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/pharma.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/AutoSec27Feb.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Gas_11Feb.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Federal Bank.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/d5afea045a19bd1b560d77c7a4ad0b21.jpg)
View on Capex outlay : A lower fiscal deficit will cool bond markets By Satish Menon, Geojit...
![Post Budget Quote : Nifty manages to stay above 18000, we should brace ourselves for a strong rally in the coming days Says Mr. Sameet Chavan, Angel One Ltd](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/b8311ee53e72d50bc8635d8c1de7204b.jpg)
![Post Budget Reaction : Government has shown fiscal prudence in bringing down the fiscal deficit Says Mr. Praveen Vashishta, Howden Insurance Brokers India](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/27e12ad19b28dd7ffabb4920b407dfeb.jpg)
![Post Budget Analysis : The personal tax regime revisions will result in a rise in disposable funds due to lower deductions Says Ram Raheja, S Raheja Realty](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/42e493617c948b921aac61c072c87315.jpg)