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

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

Published on: Feb 2, 2024, 10:40:00 IST

By Yamini C S

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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)

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”.

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”.

ABOUT THE AUTHOR
Yamini C S
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.Read More

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