Young entrepreneurs are urging government to simplify GST filing for startups and facilitate easier loan processes. Hoteliers emphasised the need for special provisions in the tourism sector, aligning with Prime Minister Modi’s vision for Uttarakhand’s decade of growth.
Professor Hiranmoy Roy from HNB Garhwal University highlighted the significance of AI-based technology in education, hoping for transformative measures utilising virtual and augmented reality.
Suchit Sharma, a robotics startup founder, said he expects financial schemes for tech and manufacturing startups, promoting both service and product-based businesses crucial for economic growth. He also called for business-friendly reforms, especially for micro and small enterprises, to ease GST burdens.
The finance minister underscored the importance of promoting tourism in India by announcing a framework for rating iconic tourist centres based on the quality of facilities and services. She added that long-term interest-rate loans will be provided to states for comprehensive development and branding of these centres, fostering domestic tourism and attracting foreign visitors. Industry leaders and stakeholders welcomed the government’s initiatives and shared their reactions on the interim budget with ETTravelWorld. Read more…
Rajeev Ghai, co-chairman of PHD Chamber of Commerce and Industry (PHDCCI), emphasised the role of tourism, agriculture, and energy in Uttarakhand’s economic development. He said he looks for budgetary support for tourism promotion and addressing power shortages through green energy initiatives.Industrialist Devendra Kumar Agarwal said he expects continued government attention and budget allocation towards infrastructure and renewable energy sectors.
State Industrial Development Corporation of Uttarakhand Limited (Sidcul) Entrepreneurs’ Welfare Association (SEWA) said he expects Budget allocation for a testing lab to support diverse industries in the Haridwar region.
