Post-budget reaction by Mr. Saahil Goel - MD & CEO, Shiprocket
Below the Post-budget reaction by Mr. Saahil Goel – MD & CEO, Shiprocket
The transformation of India Post’s 1.5 lakh rural post offices, backed by a 2.4 lakh-strong workforce, marks a historic shift in Bharat’s logistics and economic landscape. This initiative will bridge the urban-rural divide, ensuring seamless access to financial, digital, and logistical services in tier 2 and 3 cities. With public-private partnerships and digitization at its core, eCommerce will extend beyond urban centers, empowering local businesses, artisans, and entrepreneurs.
The government’s MSME-focused budget measures further reinforce this vision. Enhancing credit guarantees, raising MSME classification thresholds, and extending tax exemptions provide crucial financial support to small enterprises. The introduction of customized credit cards with a Rs 5 lakh limit for micro-enterprises and an expanded fund of funds program with Rs 91,000 crores committed to AIFs signal strong intent toward fostering entrepreneurship and job creation.
These strategic interventions will not only strengthen Bharat’s economic backbone but also drive inclusive growth, ensuring that self-help groups, women entrepreneurs, and emerging start-ups can thrive. By integrating logistics expansion with robust financial support for MSMEs, the government is laying the foundation for a more self-reliant and prosperous Bharat.
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