“Focusing on road infrastructure development and an efficient multi-modal transport system under PM Gati initiative, the Union Budget 2020 has emphasized on inclusive growth. With impetus on 15 key sectors like infrastructure, agriculture and skill development among others, it has stressed on the need to upgrade technology to research and develop. It has rightly focused on strengthening MSMEs and start-ups through measures like the extension of emergency credit line, revamp of GGTSME and extension of incentives. I welcome the initiatives around green technologies like EV battery swapping and attention to 10 sectors involving electronic waste disposal and automotive ELV. Highlighting efforts to create 60 lakh jobs in the next five years, the Budget has emphasised on Atmanirbhar Bharat through localisation of technologies coupled with private industry participation and sustainable urban development”.
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