Budget 2023 Reactions: Kotak Mahindra Asset Management Company MD lauds ‘Baahubali budget’

Union Budget 2023: Union Finance Minister Nirmala Sitharaman presented the last full-fledged Union Budget 2023 of the Modi government before the 2024 Lok Sabha elections. The Budget Session of Parliament began on Tuesday and the first part will conclude on 13 February. The Parliament will re-convene on 12 March for the second part of the Budget Session that will conclude on 6 April.

Sanjay Viswanathan, Chairman, AdiGroup: “As G20 President, India is committing leadership on transitioning to the Green Economy. Today’s bold Budget earmarks $4.0 billion to establish Green Hydrogen as primary fuel source. With a target of 5 MMT from Green Hydrogen by 2030 and Green Credits to Industry, AdiEnergy will partner with India to set the rubric for other Nations to follow. Green Hydrogen can become a Trillion Dollar Industry in India by 2030, thus delivering Energy Security. Besides this, Digital Marketplace for Farmers, infusion of new Skills and Technology (Drones), and Start-up capital in the sector will drive innovation and Farmer’s productivity and income significantly. Adi AgriTech will bring Drones + AI + Capital to establish a strong platform of Food Security for India.

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