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“This is a very welcome and forward looking Vote on Account presented by the Finance Minister. The strategy laid out reflects the Prime Minister’s vision of a modern, inclusive, resilient, innovative and green India. The continued thrust on capital expenditure and reduced market borrowings will enable acceleration in private investments and employment creation. The budget balances growth with fiscal prudence.
Continued priority to achieve rapid growth of the green energy sector is clear. Announcements on viability gap funding for offshore wind energy and allocations for solar rooftop projects will support development of the whole industry. The announcement of the corpus of Rs. 1 lakh crore for R&D in sunrise sectors sets a positive tone for the future, encouraging us to accelerate our investments and innovations in renewable energy technologies.”
