Shri Ashishkumar Chauhan, MD and CEO of the National Stock Exchange (NSE), has lauded the Union Budget 2024 for its forward-thinking approach to education and economic empowerment. Chauhan’s review highlights how the budget’s initiatives are set to transform India’s educational and economic landscape.
Chauhan commended Finance Minister Smt. Nirmala Sitharaman’s budget for its strong emphasis on job creation, integrating both private and public sectors to foster employment opportunities. He pointed out the significant measures designed to support aspiring entrepreneurs, including relief on angel tax and an increase in the Mudra loan scheme limit from Rs 10 lakhs to Rs 20 lakhs. These changes are expected to enhance access to education and training for new entrepreneurs.
The budget’s focus on increasing women’s participation in the workforce also drew praise from Chauhan. He believes this will positively impact educational initiatives aimed at empowering women and maximizing India’s demographic potential. With its commitment to skill development, infrastructure investment, and reducing the fiscal deficit to 4.9%, the budget presents a balanced strategy for economic and educational progress.