Budget reaction from Dr. Malini Saba, Founder & Chairman, Saba Group Holdings & Saba Family Foundations

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New Delhi, February 01, 2020: ”The Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) expansion for setting up standalone solar pumps for farmers will increase their land productivity, efficiency, and help agriculture business value chain in a big way.

The setting up of Kisan Rail for transportation of perishable goods is a great initiative that will increase the food item life/ health for transportation and in turn boost farmer’s income. Building organised and mechanized warehousing announced by the finance minister on the PPP model is likely to reduce logistics costs and enhance the product holding capacity. This will improve the organised supply and boost agricultural activities in this segment while attracting global investors and developers, reducing distribution costs, encouraging 3PL logistics as well as create jobs.

The budget gives a leg-up to start-ups by announcing an investment clearance cell. This should help clear roadblocks in the ways of attaining funding for Budding Entrepreneurs. The provision of funding and setting up an organised platform for the same is a needed move for growth and sustainability. The allocation of Rs 99,300 crore to the education sector in the budget would surely lead to better infrastructure, the attraction of the best teachers and greater research and innovation, especially in the field of science and technology.”

Corporate Comm India (CCI Newswire)