The Executive Chairperson of Biocon Limited, Kiran Mazumdar Shaw has welcomed the Union Budget tabled by Finance Minister Nirmala Sitharaman on Tuesday.
Kiran Mazumdar-Shaw reacted to the union budget.
She said the budget builds further on the government's pre-election, Interim Budget and has positive indicators on how it is looking at India's economic growth and development.
"The FM's emphasis on job creation through skilling is a key underlying theme. Internships at large companies with Government and CSR backed stipends is the right approach to employability and jobs for the future," Shaw said in a statement.
The budget has also focused on the start-up ecosystem and provided a fillip through the abolition of the 'angel tax' which is aimed at spurring investments in start-ups, and the emphasis on 'ease of doing business' will benefit Medium Small Micro Enterprises, she noted.
"We will need to read the details to see how this will be allocated to each sector. The removal of Customs duty on three cancer drugs will provide relief to cancer patients," Shaw said.
She, however, pointed out that the government should consider GST exemption for all cancer drugs to make cancer care more affordable for patients.
Yamini CS is a Senior Content Producer at Hindustan Times with nearly six years of experience in digital journalism. She is part of the India News desk, where she works on a wide range of stories cutting across civic issues, city-based developments, politics, governance, public policy, breaking news, trending topics, and international affairs that have an impact on India. Her role involves tracking fast-moving developments, verifying information from official and on-ground sources, and presenting news in a clear, accessible format for a digital-first audience. A significant part of her work includes handling live blogs during major news events, such as elections, court verdicts, political developments, civic disruptions, protests, weather-related alerts, and unfolding national or international incidents. Through live coverage, she focuses on timely updates to help readers follow complex stories as they evolve. Before moving to the broader India News desk, Yamini was associated with the Bengaluru desk at Hindustan Times, where she extensively covered urban governance, infrastructure, traffic and transport issues, weather events, public grievances, and civic administration in the city. This experience strengthened her grounding in city reporting and sharpened her focus on citizen-centric journalism. She began her career as a correspondent with Reuters after completing a postgraduate diploma in journalism from the Indian Institute of Journalism and New Media. Her early training instilled a strong emphasis on accuracy, sourcing, and news ethics, which continue to shape her reporting style. Outside of work, Yamini enjoys reading across genres, listening to music, and spending time with her family, which help her maintain balance in a fast-paced newsroom environment.
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Home/Cities/Bengaluru News/‘Govt should consider GST exemption for…’: Kiran Mazumdar-Shaw's take on Union Budget
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