Budget 2019-20 is well balanced, says Anil Chaudhry of Schneider Electric

  • Industry News
  • Jul 06,19
With an eye to boost economic growth and Make in India, the proposal to launch a scheme to invite global companies to set up mega-manufacturing plants is laudable, he added
Budget 2019-20 is well balanced, says Anil Chaudhry of Schneider Electric

New Delhi
 
Budget 2019-20 is well balanced with a clear push towards the socio-economic growth and development of the country, according to Anil Chaudhry, Zone President & Managing Director, Schneider Electric India. “We are glad to see the direction given by the government by outlining the key areas as a part of the broader vision for the future - with Energy for All at its very core. The focus given to provide Access to Energy to each and every household in the rural and urban areas is very progressive,” he said. 
 
Anil Chaudhry added, “There is a visible push for new age technologies and digital solutions as the budget specifically mentioned the importance given to Artificial Intelligence, Internet of Things, Big Data and Digital India – which are an integral part of the long term vision. With an eye to boost up the economic growth and Make in India, the proposal to launch a scheme to invite global companies to set up mega-manufacturing plants is laudable. All in all, it is encouraging to see the Government’s continued focus on the programs - UJALA, Saubhagya and UDAY Yojana as key initiatives to the nation’s economic growth, with an even greater focus on digitisation to boost the rural economy.” 

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