Quote on Union Budget 2025-26 by Keshav Bhajanka, Executive Director, CenturyPly
Below the Quote on Union Budget 2025-26 by Keshav Bhajanka, Executive Director, CenturyPly
"I believe the Union Budget 2025 places a strong emphasis on infrastructure and employment investments, which are critical to driving sustainable economic growth. The introduction of the National Manufacturing Mission is a commendable step toward bolstering the 'Make in India' initiative. The government's focus on expanding affordable housing under the Pradhan Mantri Awas Yojana and its emphasis on sustainable urban development resonate with our vision. The commitment to enhancing infrastructure, improving rental housing availability, and introducing reforms in stamp duty rates is sure to bring significant advancements to the country's manufacturing and infrastructural development landscape. The budget presented is well-structured and promising. While there have been some concerns regarding consumption over the past few months, the newly devised income tax slabs are well thought out. The decision to increase disposable income is commendable, as it will significantly benefit the economy in both the short and long term. Additionally, the reduction in the tax burden on the middle class is expected to lead to a substantial rise in disposable income, which, in turn, is likely to boost consumption in the short, medium, and long term - ultimately proving beneficial for us."
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