The budget exemplifies the confidence the NDA government has in its policies and partnerships. It stands as a testament to the strength of India’s federal structure, with the central government extending crucial support to states, especially in critical areas such as agriculture, infrastructure, tourism, and disaster management. The emphasis on natural farming, MSME growth, housing, and skilling underscores the government’s commitment to employment generation, economic progress, and sectoral enhancement. In terms of fiscal policy, the budget presents a forward-looking vision with its controlled fiscal deficit and a robust roadmap for future consolidation.
I am particularly honoured by the mandate given to QCI for facilitating the establishment of 100 NABL-accredited food safety and testing labs. The reduction in LTCG on real estate from 20% to 12.5% is set to promote further formalization in the sector, reduce corruption, and encourage investment. Collectively, these measures reflect a comprehensive approach to strengthening the economy and fostering sustainable, quality-driven development. I am excited about the role QCI will play in achieving the goals outlined in this budget.- Jaxay Shah, Chairman QCI
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