ENA Economy 2024-02-01 18:23:03 <p><span style="font-size:14px"><strong>New Delhi, Feb 1 (KNN)</strong> In response to the Interim Union Budget 2024-25 unveiled by the Finance Minister today, Dr Anish Shah, President of FICCI, expressed his views on the budgetary measures, highlighting its strategic alignment with the vision of 'Viksit Bharat.'</span></p> <p><span style="font-size:14px">The Interim Budget is a clear and outcome-based continuum towards Viksit Bharat. It brings together growth, climate, and social empowerment, while maintaining a careful balance between current investment rate and fiscal discipline, stated Dr Shah.</span></p> <p><span style="font-size:14px">Dr. Shah underscored the significance of empowering states to adopt reforms for the advancement of 'Viksit Bharat,' capitalising on the momentum generated by the Centre towards 'Amrit Kaal.'</span></p> <p><span style="font-size:14px">Focus on Blue Economy, expanding and strengthening the EV ecosystem, domestic tourism, and multi-modal logistics will propel India towards the vision of a developed nation by 2047, added Dr Shah.</span></p> <p><span style="font-size:14px">The FICCI President also applauded the budget's acknowledgment of innovation as a catalyst for growth.</span></p> <p><span style="font-size:14px">Notably, the allocation of a substantial corpus of Rs 1 lakh crore for providing a fifty-year interest-free loan to scale up Research and Development (R&amp;D) in sunrise domains was seen as a key driver for future economic development.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 36530 https://knnindia.co.in/news/newsdetails/economy/ficci-president-hails-interim-budget-2024-25-as-a-strategic-path-to-viksit-bharat 2024-02-01 18:23:03 knnindia.co.in