PM seeks suggestions from corporate leaders for the Union Budget

With just weeks left for the presentation of the Union Budget for 2022-23, Prime Minister Narendra Modi on Monday met top honorees of some of the country’s blue chip companies, seeking their inputs for the annual exercise, assuring them Given that the government would make efforts to reduce the compliance burden.

Chief executives and CEOs of companies from sectors including Telecom, Electronics, Auto, Hospitality and Consumer Goods, among others, called on the Prime Minister and shared their views on the upcoming Budget with him.

This was the second meeting of the Prime Minister with representatives of the corporate sector, as he had met players from the private equity and venture capital sectors last week.

PM Narendra Modi interacted with leading CEOs of companies like Banking, Infrastructure, Automobile, Telecom, Consumer Goods, Textile, Renewable, Hospitality, Technology, Healthcare, Space, Electronics etc. This is one of the many interactions the PM is having. Budget to receive inputs and suggestions from the private sector., PIB India (@PIB_India) 20 December 2021

While Mr Modi called for industry leaders to take advantage of the government’s Productivity Linked Incentive (PLI) schemes and invest more in sectors such as agriculture and food processing, the CEO called for the government’s recent Gatishakti initiative and the country’s commitment at COP26. is appreciated. ,

Industry leaders during their meeting with the Prime Minister shared ideas that can help promote an “ease of doing business” environment in the country.

TV Narendran, Managing Director and CEO, Tata Steel said that the timely response of the government has led to a V shaped recovery after the coronavirus pandemic, while Mr Sanjeev Puri, Chairman and Managing Director, ITC Ltd. suggested for

Uday Kotak, CEO, Kotak Mahindra Bank said that the Prime Minister has brought reforms like Swachh Bharat and Start Up India.

Mr. Kenichi Ayukawa, Managing Director and CEO, Maruti Suzuki expressed his commitment towards realizing the government’s goal of making India a manufacturing sector.

Ms. Preeta Reddy, Vice Chairperson, Apollo Hospitals Group spoke about the steps to boost human resource in the health sector, while Mr. Ritesh Agarwal, CEO, OYO spoke about the need to focus on emerging areas like Artificial Intelligence and Machine Learning. Told.