Union Budget 2023-2024 Reaction: Surojit Shome, MD & CEO, DBS Bank India

The Finance Minister has signalled the government’s intent to maintain stability, while encouraging balanced economic growth. The proposed policy reforms and increased capital infusion will provide an impetus to MSMEs and the start-up ecosystem. 

Coupled with the proposal to harness the power of Artificial Intelligence by setting up Centers of Excellence, this should help stay in sync with the latest innovations. It is also very encouraging to see the FM allocating more funds for transitioning to a more green and responsible economy.