Comments on Budget 2022-23 from Mr. Nitin Gupta, President- Sales, Marketing, and CRM (Head) at Mantra Properties and Developers

New Delhi, February 02, 2022: We welcome the Union budget which is full of optimism with the growth and development agenda. It’s promising and almost all of the industry-specific requirements have been addressed in this budget. The main focus was on the upcoming sunrise industries. Along with that a sum of Rs. 48000 Crore has been allocated for affordable housing, which is certainly for the betterment of the real estate industry.
On the other hand, a fiscal deficit of 6.4 percent is absolutely the right figure at present, and the plus point with that is the capital expenditure which has seemingly gone up. On a whole, it’s a very positive move keeping in mind the real estate sector growth.  Battery swapping policy has been introduced keeping in mind the electronic energy vehicle system which is again a visionary step towards clean and sustainable energy development policies. Also for the first time, it has been announced in the budget to introduce digital currency by the Reserve Bank of India, which is a revolutionary idea altogether. Overall, the 2022 Government budget is visionary, sustainable have almost everything with a growth perspective for various sectors.

Corporate Comm India (CCI Newswire)