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    Interim Budget 2024: What Startups Expect from FM Nirmala Sitharaman


    Finance Outlook India Team | Wednesday, 31 January 2024

    Startups anticipate actions that promote innovation, streamline regulatory procedures, and offer funding in the run-up to the interim budget. Asianet Newsable was given access to startup founders' thoughts on the goals of the entrepreneurial community as a whole, with an eye towards an interim budget that may spur development, promote risk-taking, and solve industry-specific issues.

    Manas Pal, PedalStart's Co-founder

    Manas Pal is a co-founder of a firm that aims to empower other founders, therefore his pre-budget expectations are centered around fostering an atmosphere that encourages creativity and an entrepreneurial spirit. He calls on the government to prioritize streamlining regulations, granting tax breaks, and making inexpensive funding available to start-up businesses. Pal highlights the significance of creating an environment that is favorable for research and development, assisting in the creation of new technologies, and encouraging cooperation between industry and academia.

    Veeky Ganguly, VarcoLeg Care's CEO

    Leading a digital health technology firm, Ganguly expects a budget that innovates to improve healthcare accessibility. He anticipates more money for medical technology research and development, more attention being paid to digital health efforts, and legislative changes that will make it easier for people to use health technologies. Ganguly emphasizes the significance of expedited regulatory procedures, offering incentives to healthcare providers to use digital technologies, and demonstrating a dedication to skill enhancement within the healthcare industry.

    Co-founder of Techno Companion Sahil Jain

    According to Sahil Jain, the budget is a crucial part of the entrepreneurial process while starting a business. His hopes are in line with what innovators who are looking for a supportive ecosystem often hope to see. Jain highlights the importance of streamlined regulatory frameworks, easier access to funding, and tax reforms. In his ideal budget, risk-taking, inventiveness, and strategic planning for the expansion of software development services are all encouraged.

     



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