Budget 2019: Reaction by Sudhindra Holla, Director, Axis Communications – India & SAARC

“The Union Budget 2019 depicts the milestone set towards reaching USD 5 trillion economy by investing on infrastructure, digital economy and job creation. It brings us one step closer the economic growth as part of the five years plan with key focus on infrastructure development allocating budgets for roads, ports Infrastructure and logistics. We welcome the government’s focus on the construction and development of highways under the National Highways Programme, to ensure creation of National Highways Grid of desirable capacity. Also applaud the continued focus and investments towards rail infrastructure by announcing and an investment of 50 lakh crores.

We also look forward to the focus on improving skills of our youth in areas such as Artifical Intelligence, Big Data, Robotics, This in turn will ensure more stability of jobs both in India and abroad. Furthermore, doubling allocation to Digital India will empower the semi-urban geographies and provide businesses to upscale and help in the country’s vision to a digital-first economy.”

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