– Quote by Rajendra Chitale, Chief Finance Officer, Crayon Software Experts India
“Today the honorary Union Finance Minister Nirmala Sitharaman presented the interim budget for FY2024-25. The call for Viksit Bharat i.e. Developed India will be the north star for businesses to ‘Reform, Perform and Transform’. The efforts to realise the dream of developed India by 2047 are idealistic and we at Crayon look forward to contributing towards this goal. The focus provided by the government in upskilling and reskilling 54 lakh youths and training close to
1 crore youths through the Skill India Mission instils confidence in the technology sector to utilize the country’s existing talent pool. The Trinity – Demography, Democracy and Diversity will help businesses of all sectors to put in efforts to provide employment opportunities and aid them in sustainable development. The Union FM’s mention of the importance given to the ease of doing business by supporting MSMEs through technology and financing is what the industry is looking forward to. The businesses are expecting a strong policy around investment needs and a regulatory framework aligning with the Panchamrut goals. The most encouraging news has been that how the country is witnessing a strong women enrollment in universities where 43% of them are for STEM education, the highest in the world. This resonates with the initiatives companies similar to Crayon are taking in to create a diversified work environment with more presence of women in the workplace.”
– Quote by Prashanth GJ, CEO, TechnoBind Solutions
“The interim budget presented this year by the Union Minister Nirmala Sitharaman shows promise of what is to be expected next in terms of development for the technology verticals. The prominence given to the youth, startups and women is in the current momentum we are witnessing in India and globally. Viksit Bharat or Developed India by 2024 is the target and we as a nation are on the right path to fulfilling this goal. The promise of the Union FM around developing the financial
sector with scale, capacity and regulatory frameworks for meeting investment goals is much needed to expel the current idea of ‘funding winter’. The announcement of establishing a corpus of Rs 1 lakh crore providing 50-year long-term interest-free loans, long-term financing and refinancing with low or nil interest will invigorate the innovators and the youth of India. This can be a strong foundation for continuing the stance of Atmanirbhar Bharat and the Make In India initiative. The encouragement given to the private sector to scale innovation and research along with the development of Deep Tech for the defence sector will help in the free-flow of opportunities by and for the youth. Lastly, The enrolment of women in STEM education which is at 43%, the highest in the world as quoted by the Union FM strengthens the efforts put in by organizations to have an inclusive workforce,”
