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Below the Post-Budget Reactive Quote by Sharad Mathur, Managing Director & Chief Executive Officer, Universal Sompo General Insurance Company Ltd.

"Ensuring the welfare of our Farmers is central to our commitment. The budget's focus on farmers, especially through PM-KISAN SAMMAN Yojana and PM Fasal Bima Yojana, aligns with our dedication. The emphasis on crop insurance is crucial, providing a safety net for 4 crore farmers.The commitment to infrastructure development, including support for EV manufacturing, signifies a proactive approach towards sustainable practices. This aligns with global trends and reinforces our commitment to contributing to the nation's progress.The broader sectoral vision resonates with our goals for inclusive, balanced, and robust growth. Farmer-centric policies, income support, and innovative risk coverage through insurance are pivotal for higher productivity. We applaud the commitment to promoting technologies and innovations, recognizing the role of start-ups in shaping agriculture's future.
As a General Insurance company, we stand ready to contribute, ensuring a secure future for our farmers. Today's budget reflects a comprehensive vision, with the doubling of the GST tax base and estimated tax receipts of Rs 26.02 lakh crore in FY25 indicating a robust economic trajectory. The commitment to infrastructure development, support for EV manufacturing, and a 'Golden era for tech-savvy youth' through interest-free loans align with global sustainability trends.

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