Mr. Kuldip Maity, MD & CEO, Kolkata-based microfinance institution VFS Capital on the Union Budget 2023

Quote from Mr. Kuldip Maity, MD & CEO, Kolkata-based microfinance institution VFS Capital on the Union Budget 2023 announced today, for your kind consideration.

‘I would like to compliment the Hon’ble Finance Minister for presenting a progressive and growth oriented budget. The Union Budget 2023 has a greater emphasis on the rural sector, social sector schemes, infrastructure creation and will go a long way in building a developed India. We also welcome the measures announced for the MSME sector. Rs. 9000 crore corpus for revamped credit guarantee scheme is expected to address the liquidity stress of micro enterprises and will push the next level of growth for MSME sector in India. We also believe that the reforms announced today will encourage women participation as women entrepreneurs from rural areas have shown immense potential to add value to the Indian economy by setting up their own micro and small enterprises.’
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News Mania Desk