Renewable Energy , Post-budget reaction Vikram Solar

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Mr. Gyanesh Chaudhary, Chairman & Managing Director at Vikram Solar

“With its clear vision, sound structure, and commitment to fiscal prudence, this interim budget continues on a path towards Atmanirbhar and Viksit Bharat (Self-reliant and prosperous India). The significant 11.11% increase in capital expenditure will act as a catalyst for economic rise and job creation ensuring inclusive growth for the nation (“Desh Ka Kalyan”).

 Prime Minister Modi’s ambitious vision of rooftop solarisation will provide 300 units of free electricity to 1 crore households every month resulting in savings of Rs 15000 – 20,000 per month. This significant announcement promises a bright future not only for the renewable energy industry but also for numerous enthusiasts and entrepreneurs urging new employment opportunities.

 The focus on women empowerment remains at the forefront of this budget recognizing the pivotal role of “Nari Shakti” in development of the nation. Initiatives like “lakhpati didi”, “mudra yojana” were significant steps in strengthening women entrepreneurship.

 “First Develop India” through increased FDIs and the government’s efforts for negotiating bilateral investment treaties augur well for the Indian entrepreneurs. Also, efforts to promote green growth through bio-manufacturing is a step in the right direction to achieve our net zero targets.

 By prioritizing the development of the eastern region and unlocking its potential as an engine of national growth, the government demonstrates its commitment to balanced and inclusive development across the nation.

 Guided by the principles of “Reform,” “Perform,” and “Transform,” the government is navigating these turbulent geo-political times with confidence. Under its leadership, the Indian economy is poised to shine even brighter on the global stage.”

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