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FICCI Rajasthan's Reaction on Union Budget 2023-24

FICCI Rajasthan's Reaction on Union Budget 2023-24

 presented today is progressive and growth oriented. There is something for everyone in this budget. The impetus on tourism promotion and augmenting infrastructure in border villages under Vibrant Villages Programme will have a positive impact on the sector. These would help build on the tremendous initiatives taken by the State Government for the development of the tourism sector. The effort to make India a Global Millets Hub will also have a positive effect on Rajasthan which is a leading producer of Millets. Similarly, setting up of Agriculture Accelerator Fund will promote entrepreneurship in rural areas. Increase in infrastructure outlay by 33% will have a multiplier effect on the economy. The increase in personal income tax rebate limit to Rs 7.00 Lakh in new tax regime and increase in exemption limit to Rs 3.00 Lakh would provide relief to tax payers and stimulate demand. This was stated by Mr Randhir Vikram Singh, Chairman, FICCI Rajasthan State Council & CMD, Mandawa Hotels.

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