‘Outlines inclusive economic development’: Kiran Mazumdar-Shaw on interim budget | Bengaluru - Hindustan Times
close_game
close_game

‘Outlines inclusive economic development’: Kiran Mazumdar-Shaw praises FM Nirmala Sitharaman on interim budget

Feb 02, 2024 10:40 AM IST

Biotechnology industry veteran Kiran Mazumdar-Shaw praised Nirmala Sitharaman's interim budget, calling it “comprehensive” and "inclusive".

Biocon chairperson Kiran Mazumdar-Shaw on Thursday complimented Union Finance Minister Nirmala Sitharaman over her presentation of the interim budget, calling it an "all encompassing growth focused" one, which augments inclusive economic development.

File photo of Kiran Mazumdar-Shaw.(Mint file)
File photo of Kiran Mazumdar-Shaw.(Mint file)

The Biotechnology industry veteran said the budget has “outlined a comprehensive roadmap for sustained economic growth that will enable India to achieve developed economy status by 2047”.

Hindustan Times - your fastest source for breaking news! Read now.

READ | ‘Most disappointing’: Karnataka CM Siddaramaiah on Union Interim Budget

Mazumdar-Shaw, who is known to be verbose on civic issues relating to Bengaluru, took to social media and wrote, “In the interim budget, Finance Minister Nirmala Sitharaman has outlined a comprehensive roadmap for sustained economic growth that will enable India to achieve developed economy status by 2047. Her emphasis on research and innovation, bio manufacturing, robust infrastructure development, and technology-driven digital transformation augur well for India to deliver on aspirational yet people-centric, inclusive development.”

"No tax change, 'Viksit Bharat' mantra in last budget before polls - an all encompassing growth focused interim budget which augments inclusive economic development. Bio manufacturing and research financing to boost innovation and green technologies is positive," She shared in a separate post on micro-blogging site ‘X’, formerly Twitter.

READ | Bangalore’s shambolic state has provided enough content for Trevor Noah’s future shows, says Kiran Mazumdar-Shaw

This is Sitharaman's last Budget or Interim Budget before the upcoming and highly anticipated Lok Sabha elections later this year. Reactions poured in from several quarters shortly after the budget announcement, with Former Karnataka Chief Minister and senior Bharatiya Janata Party (BJP) leader B S Yediyurappa terming it a “progressive” and “realistic” budget.

On the other hand, incumbent Chief Minister Siddaramaiah called the interim budget “most disappointing”.

SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Tuesday, February 27, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On