Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget

| More

Budget 2020 Reaction from Mr. Rakshit Desai

Posted On: 2020-02-03 13:43:56

Rakshit Desai, Managing Director, FCM Travel Solutions - Indian Subsidiary of Flight Centre Travel Group.

"The tourism industry is a crucial contributor to India's GDP and we appreciate that the Union Budget 2020-21 presented today by the honourable Finance Minister Niramala Sitharaman reflects a potential for growth in domestic and inbound tourism. We see a clear focus on revitalizing the aviation and tourism sector which will also boost employment in the industry. Several initiatives like enhancing the role of AI and machine learning will make the industry more technologically competent and help us become future ready. The decision to add 100 more airports by 2022 under the Udaan scheme is a much anticipated support to the sector. It will further enhance regional air connectivity, making travel affordable and accessible across the country. With regards to the road connectivity, the central government's plan to construct 2500 access control highways, 9000 km eco-development corridors, 200 coastal and port roads, 2000 km strategic highways along with the Delhi-Mumbai expressway and two other corridors to be completed by 2023 are commendable initiatives for bridging the urban-rural divide and significantly bolstering growth in the sector. Allocation of Rs 3,100 crore to Cultural Ministry for developing five archaeological sites as iconic sites with on-site museums along with a tribal museum in Ranchi are laudable and will impact the tourism industry positively in the coming years. Thankfully tourism is now being viewed as an important growth driver of the economy.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Budget Reforms to Boost Investment in Equity Markets

Government committed to Faceless Tax Assessment to build trust between the tax administrator and tax payer: Shri PC Mody, Chairman, CBDT

Industries feels that Budget 2020 will have a positive impact on growth

Post Budget reaction - Mr. Kamal Singal, MD & CEO, Arvind Smartspaces

Post Budget reaction - Newgen Software

The Budget 2020 is Dynamic and Progressive for the Indian Economy

Mr. T. Chitty Babu Chairman & CEO, Akshaya Pvt. Ltd's reaction on Budget 2020

Reaction on Union Budget 2020 - Mr. Kamal Khetan, Chairman and Managing Director, Sunteck Realty Ltd

Union Budget 2020 - Reaction from P.Srinivasavaradhan, President, TVS Srichakra Ltd

Education - Reaction on Budget 2020 - Ishari K Ganesh, Chancellor Vels University

Reaction to Union Budget 2020 - Professor Mahadeo Jaiswal, Director, IIM Sambalpur

Balanced Budgget - Mr. N. H. Bhansali, Emami

Overall a positive budget - Chandrahas Panigrahi, CMO and Consumer Business Head, Acer India

Welcome measures taken in Budget 2020 - Mr Amit Saraogi, MD, Anmol Feeds Pvt Ltd.

Post Budget reaction - Mr. Dinesh Agarwal, MD - IndiaMART InterMESH Ltd

Post Union Budget 2020 Reaction - Prakash Mallya, VP, and MD - Sales and Marketing Group, Intel India

Budget Detailed Analysis - Farm Sector, Taxation and NBFCs - Suman Chowdhury - Acuité Ratings & Research Limited

Union Budget 2020: Views of Mr. Subhash Sethi, Chairman, SPML Infra Limited

Union Budget 2020 reaction - Mr. Yogesh Patel, Chief Finance Officer, Mahindra Logistics Ltd

Higher Education - Budget 2020 impact - Dr Rupamanjari Ghosh, Co-chair, FICCI Higher Education Committee

Union budget 2020 well balanced, steps like Kisan Rail, NABARD refinance scheme will boost demand for cold storage infra and warehousing

Views by SMERA on MSME Sector

Fiscal Analysis - Karan Mehrishi, Lead Economist at Acuité Ratings & Research Limited

Start-ups to see positives from Budget - Mr. Anurag Janwar, Fintrust Advisors LLP

Reaction on Unoin Budget 2020 - Nippon Paint India

Budget 2020-21 is a promising budget - Mr. CP Gurnani, Tech Mahindra

Post-Budget Reaction on Health Cess on Medical Devices - Trivitron Healthcare

Analysis of the ICAI pertaining to tax proposals of Union budget-2020-21

Budget commentary from Hitesh Sharma, Tax Partner, Life Sciences Practice, EY India

New tax regime likely to boost income and purchasing power of people - Share India

An Encouraging Budget - Mr. Ankit Agarwal, Alankit Ltd

Power sector measures in Union Budget 2020 to push growth across sector

Allocation for 'Jal For All Mission' to boost consumption of pipes - Mr. Prakash P. Chhabria, Finolex Industries Ltd

Expect budget measures will boost consumption - Ullas Kamath, Jyothy Labs Ltd

Industry Experts Call for Corrective Measures from Union Budget 2020

Impact on NBFCs post budget - Mr. Santanu Agarwal, Chief Innovation Officer (CIO), Paisalo Digital Limited

Union Budget 2019 - Kumaresh Ramakrishnan, Head-Fixed Income DHFL Pramerica MF

Budget Reaction - Ankit Agarwal, Managing Director, Alankit Limited

Post Budget Reaction from CapitalAim

Budget 2019: Reaction - Debajit Roy, Country Director, QAD India - EV Industry

Budget Reaction - Aakrit Vaish, Co-founder and CEO, Haptik

Union Budget 2019 - Satya Kalyan Yerramsetti, Founder & CEO of Telebu

Budget Reaction - Pankaj Muthe, Program Manager, Academic Program, APAC, Qlik

Budget Reaction - Mr. Pradeep Dadha, Founder & CEO Netmeds.com

Union Budget 2019 - Srini Raghavan, Founder and CEO, EI

Pankaj Khanna, Founder & Managing Director, Khanna Gems Private Limited

Budget Reaction - Puneet Gupta, Founder and CEO of AstroTalk

Post Budget Reaction - Mr. Anuj Gulati, MD & CEO, Religare Health Insurance (RHI)

Union Budget 2019 - Rashi Gupta, Chief Data Scientist & Co-founder, Rezo.AI

Union Budget 2019 - Ashutosh Harbola, CEO & Co-founder, Buzzoka







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019