Excelsior Correspondent
JAMMU, Feb 6: Standing Conference of Public Enterprises (SCOPES) today organised a session with economic, financial, and taxation experts on the Union Budget 2023.
As per a statement, Prof NR Bhanumurthy, Vice-Chancellor, Dr BR Ambedkar School of Economics University, Bangaluru; Atul Sobti, DG, SCOPE and CA Pramod Jain, Council Member, ICAI addressed the program.
Explaining the macroeconomic aspect of the budget, Prof Bhanumurthy said the budget provided a prudent fiscal consolidation roadmap for the country. He appreciated the budget in prioritising CAPEX while providing tax relief to boost consumption in the economy. He also highlighted the need to give due attention to the necessary reforms and incentives in the agriculture sector.
Hailing the budget announcements made by the Union Finance Minister Nirmala Sitharaman, Atul Sobti said that the budget focussing on all segments of the industry is indeed a “budget for all”. He also appreciated the infrastructure focus of the budget and highlighted the role of public sector enterprises in meeting the desired infrastructure spending given their significant presence in the strategic sectors of the economy.
CA Pramod Jain, in his address, also appreciated the budget and highlighted the focus on MSMEs and start-ups that would give the necessary push to the manufacturing sector in the country.
Over 200 participants, including board members and senior officials from PSEs, attended the program.
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