Shri Ashishkumar Chauhan, MD and CEO of the National Stock Exchange (NSE), has praised the Union Budget 2024 for its profound social impact and potential to uplift countless lives. Chauhan’s reflections reveal how the budget’s initiatives are poised to create meaningful change and inspire new opportunities for millions across India.
Chauhan highlighted the budget’s focus on job creation, emphasizing its innovative approach of involving both the private and public sectors to generate employment. He applauded the relief on angel tax and the increased Mudra loan scheme limit—from Rs 10 lakhs to Rs 20 lakhs per individual—as vital steps towards supporting aspiring entrepreneurs and enabling their dreams.
The budget’s dedication to boosting women’s participation in the workforce also drew Chauhan’s admiration. He believes this will empower women and amplify their role in shaping India’s future. Additionally, the emphasis on skill development, continued infrastructure investment, and a reduction in the fiscal deficit to 4.9% reflects a commitment to social progress and economic stability.Chauhan’s perfect 10/10 rating highlights his belief that the budget will not only drive economic growth but also touch lives, offering new possibilities and fostering a more inclusive and dynamic society.
