Post-Budget Quote on Logistics and MSME Sector by Mr. Ketan Kulkarni, Managing Director, Allcargo Gati Ltd
Below the Post-Budget Quote on Logistics and MSME Sector by Mr. Ketan Kulkarni, Managing Director, Allcargo Gati Ltd
"We welcome the government's announcement of providing PM Gati Shakti data accessible to the private players, thus opening doors for improved collaboration and efficiency in infrastructure projects. This is poised to accelerate infrastructure growth across the country, streamlining the movement of goods and strengthening logistics efficiency.
Besides this, the government’s decision to establish an Export Promotion Mission for facilitating easier access to export credits, providing cross-border factoring support, and assisting MSMEs in overcoming non-tariff barriers is a highly commendable step, as it will empower MSMEs to expand their international footprint. Additionally, the budgetary announcement of providing easy-term loans of up to ?20 crore is going to provide a significant financial boost to MSMEs, enabling them to scale operations and enhance competitiveness.
Furthermore, we are also thrilled by the announcements aimed at fostering rural prosperity, enhancing resilience, and alleviating the tax burden on the middle class. These measures will not only stimulate consumption but also serve as key drivers of long-term economic growth".
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