The Union Budget for 2024-25, scheduled to be presented on February 1st, is a highly anticipated event for every sector of the Indian economy. From infrastructure, Information technology, telecom, agriculture, healthcare, and human resources to education, stakeholders are eagerly waiting to see how the government’s financial roadmap will impact their industries. This article will delve into the key highlights and expectations for different sectors’ industry leaders in Budget 2024-25, based on pre-budget consultations, industry reports, and expert analyses.

Deepak Mittal, CEO and Co-founder of TO THE NEW, “We believe 2024 will be an incredible year for the Indian IT & ITES industry. IT-based services are indispensable for every organization seeking to enhance productivity and streamline business operations, with cost-effective growth. From the budget 2024, we eagerly anticipate increased investments in digital infrastructure to foster innovation through R&D incentives and promote workforce skill development to support start-up growth. We advocate for ongoing efforts in digital transformation by the Indian government, fostering agile businesses and exponential economic growth. In the upcoming fiscal policy, we are also looking forward to the further acceptance and development of AI for assisted decision-making. Leveraging advanced data analytics to ensure customer-centricity. We hope the budget will unlock the full potential of our industry, driving competitiveness and contributing to a sustainable and innovative future.”

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