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2025-01-07 04:49:41 pm | Source: Achilles Information Ltd
Quote on Budget 2025 by Ms. Smitha Shetty, APAC Regional Director at Achilles Information Ltd

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Below the Quote on Budget 2025 by Ms. Smitha Shetty, APAC Regional Director at Achilles Information Ltd

 

"As India navigates the challenges of a cyclical economic slowdown, marked by decelerating consumption and reduced capital expenditure across both private and public sectors, particularly in manufacturing and infrastructure, the upcoming budget offers a valuable opportunity to foster sustainable growth. At Achilles, we believe that integrating sustainability into India's economic fabric is not just the right thing to do but a cornerstone for long-term prosperity.

This budget has the potential to empower businesses, especially MSMEs, to overcome challenges such as limited resources and awareness in adopting green practices like renewable energy adoption, waste reduction technologies, and sustainable supply chain management. We hope to see measures such as easier access to green financing for MSMEs, tax benefits for environmentally friendly investments, and the creation of a robust Green Credit and Carbon Market framework to incentivize sustainable investments and enable businesses to offset emissions.

Additionally, promoting supply chain transparency can support responsible sourcing, reduce environmental impact, and strengthen resilience against future uncertainties—all while advancing India’s Net Zero 2070 vision. We urge the government to introduce practical, actionable policies that empower businesses to transition toward sustainability seamlessly and inclusively, contributing to a greener, more resilient future for India."

 

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