Post-Budget reaction by Mavcomm Consulting

Post-Budget quote from MD Mavcomm Consulting T. Anand Mahesh:

Budget 2014 is an elevating move by the government for the young entrepreneurship community of India. Responsive to the needs of the young businessmen and entrepreneurs, the government’s announcements augurs well for small businesses to receive the much-needed funds in the coming times and get a sizeable back-up from going under. 

Apart from that, various announcements to accelerate growth also bodes well for the economy and will bring in more disposable income in the pockets of consumers. This will also go a long way in helping small businesses achieve their financial targets. 

A giant step towards helping the growing businesses in the competitive global environment is the simplified tax and regulatory policy proposed by the government. This step will further fuel economic activity of small and medium businesses and make their growth trajectory sharper.

Overall, tough measures which have been announced before budget may look negative in the short term but will be positive in long term and I support such measures which can correct the current growth imbalance. 

Post-Budget reaction by Mavcomm Consulting

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Posted by : xxxxxxxx 11:37 PM

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