Union Budget 2025 Sparks Positive Reactions from Industry Leaders

February 1, 2025 - 20:55

Umesh Revankar, Executive Vice Chairman of Shriram Finance, has expressed optimism regarding the Union Budget 2025, highlighting its potential to drive sustainable growth across various sectors. He pointed out that targeted initiatives such as the Developing Agri Districts Programme and the KCC Mission for Cotton Productivity are set to empower approximately 1.7 crore farmers in 100 districts.

These initiatives aim to improve agricultural yields, promote the formation of Farmer Producer Organizations (FPOs), and enhance climate resilience. By focusing on these areas, the budget seeks to create a robust framework for agricultural development, ensuring that farmers are equipped with the necessary tools and resources to thrive in a challenging environment.

Revankar emphasized the importance of such measures in fostering economic stability and growth, particularly in rural areas where agriculture plays a crucial role in livelihoods. The initiatives are expected to not only boost productivity but also contribute to the overall sustainability of the agricultural sector in the country.