Budget Input by Himanshu Mody, Founder and CEO of Tekno Point

“Startups are increasingly positioned as key enablers of job creation, technical innovation, and economic growth in India. With over 61,000 startups in India currently, we anticipate more potential and innovative firms from young entrepreneurs around the country. Tax reforms for startups will assist aspiring entrepreneurs in managing the fundraising and financial aspects more efficiently in order to strategically attract investors and join the unicorn club. Similarly, the government’s emphasis on Digital University and skilling is intriguing because it provides equal possibilities for students and working professionals of all levels and industries to brush up on their abilities and stay relevant in their field. These reforms also significantly contribute to the ease of doing business and the ease of living by introducing structural discipline into the core of corporate operations.”

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