The Union Budget presented brings about much needed interventions in prioritised sectors including that of
agriculture, employment and skilling, infrastructure and innovation with balanced focus on reforms not only addressing immediate challenges but also laying the foundation for a knowledge based growth economy, said Arun Alagappan, president, SICCI.
In a press release, he said, ‘Given the criticality of agriculture to the overall economy and our people, SICCI welcomes the allocation of Rs 1.52 lakh crore for agriculture and allied sectors aimed at holistically developing the sector by enhancing various aspects of agriculture including research and
development (R&D), improving supply chains and infrastructure.’
‘The development of digital public infrastructure for agriculture, digital crop survey for Kharif crops, new financial support scheme for aquaculture sector are all measures that will re-vitalize the
agriculture sector and rural economy.’
SICCI also welcomes the PM Surya Ghar Muft Bijli Yojana, which aims to install rooftop solar panels on 1 crore homes and provide up to 300 units of free electricity per month which is a significant initiative, he added
‘Expanding the list of exempted capital goods for solar energy projects, investments in nuclear research and development along with climate finance for hard-to-abate industries are all measures that strengthen Indiaās energy
security.’