Budget Reactions

Udaya Bhaskar Rao Abburu, CEO & Managing Director, iRAM Technologies

Infrastructure Sector by iRAM Technologies

We expected more from the Union budget 2021-22. While the focus has been on infrastructure, FM has allocated Rs. 93,400 Crores for roads only, no allocation has been made for development of Smart Cities. Though FM talked about double digit growth of the manufacturing sector for India to become $5 Trillion economy, no roadmap has been laid out for the same. We also need more clarity on how Rs. 2217 Crores allocated for setting up 42 Urban centres to tackle pollution problem will be used. Change in definition of Small companies may benefit some Small-scale companies, provided more support for Small scale companies are announced.

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