New Delhi, February 02, 2020: PFB the post budget reaction from Mr. Ajit Panda, Founder & CEO, Spaciya Advisors – research led real estate consultancy for commercial spaces, commenting on warehouse.
“It is a very exciting budget from the government with increased disposable income in the hands of consumers and corporates to boost the sentiments in the market with easing of income and corporate taxes, abolition of Dividend Distribution Tax. There is a great push to Infrastructure and a good budget for MSME and startup economy. Gap Funding to Warehousing sector provisioned in the budget today will grossly increase the supply of modern logistics facilities in India. With the soaring demand of modern warehouses by e-commerce players in the economy, there is clear dearth of such facilities.With a partial credit guarantee scheme for NBFCs, this would give some respite to the reeling financial sector“.
Corporate Comm India(CCI Newswire)
