Shri Ashishkumar Chauhan, MD and CEO of the National Stock Exchange (NSE), has hailed the Union Budget 2024 as a landmark in fostering economic growth and educational advancement. Chauhan’s analysis of the budget reveals its substantial impact on job creation and entrepreneurial opportunities, crucial for India’s evolving educational landscape.
Chauhan praised Finance Minister Smt. Nirmala Sitharaman for introducing measures that will invigorate job creation through both private and government sectors. The budget’s relief on angel tax and the increase in the Mudra loan scheme limit from Rs 10 lakhs to Rs 20 lakhs are seen as pivotal for nurturing the startup ecosystem and enhancing entrepreneurial education.
Highlighting the focus on increasing women’s participation in the workforce, Chauhan emphasized how this move aligns with educational initiatives aimed at empowering young women and maximizing India’s demographic dividend. The budget’s commitment to skill development, alongside infrastructure investments and a reduction in the fiscal deficit to 4.9%, supports a balanced approach to economic and educational growth.
