Union Budget 2021: Facilitation of collateral-free capital, ease of compliances key for economy
The pandemic has impacted all sectors and most of them are now limping back to normalcy.
Ahead of Union Budget 2021, entrepreneurs across sectors said they believe this is an opportune time for the government to try to rationalise GST rates, compliance processes, FDI policies and ride the buoyancy revenue curves to make it a win-win situation. The pandemic has impacted all sectors and most of them are now limping back to normalcy. In these trying times, backed by government measures and reforms, entrepreneurs shared their concerns and suggested ways to Firstpost about how Budget 2021 could help them get back to their feet sooner.
Deepak Mittal, CEO and Co-founder, TO THE NEW stated, “Given the current business scenario, we expect a strong push towards policies promoting IT innovation by pushing business-critical and bold policy interventions to propel digital adoption across multiple industries. ‘Digital-first’ and ‘Data-centric’, should be the key focus areas for the Indian government in our view as we push for Digital innovation as an important building block for India’s future growth.”
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