Senior leadership comments on the Union Budget (Interim) 2024-25

“We commend the government’s focus on governance and development, accompanied by a commitment to reducing the fiscal deficit. Moreover, the substantial capex outlay and emphasis on infrastructure development signal opportunities for strategic partnerships and prudent financial planning. The announced budget reflects a mature commitment to holistic progress, setting the stage for a promising and transformative trajectory for the country.”

Sanjay Palve, Senior Managing Director – Essar Capital

“The Interim Budget 2024-25 is clearly prepared with a vision towards making our country Viksit Bharat by 2047. With a substantial increase in infrastructure outlay the budget has rightly given a thrust to multi-modal connectivity by implementing three major economic railway corridor under the PM Gati Shakti programme. These initiatives will go a long way in improving logistics efficiency and reducing cost. This will surely elevate India’s logistics and infrastructure landscape”.

Rajiv Agarwal, MD & CEO – Essar Ports

“The interim budget 2024-25 has laid a foundation to propel towards reliable, cleaner, greener, and sustainable energy. The government’s commitment to providing free rooftop solar electricity to one crore households, signifies a strategic move towards resource-efficient economic growth. This initiative not only ensures energy security but also stimulates entrepreneurship and employment in the evolving renewable energy landscape.”

Kush, CEO – Essar Power

“The announced budget reflects India’s commitment to achieving robust growth and economic resilience. The government’s special emphasis on developing the eastern region’s potential as a key driver of India’s growth aligns perfectly with our vision of making India a gas-based economy.”

Pankaj Kalra, CEO – EOGEPL