Below are the Post Budget Reactions from Co-founder & CEO - KlugKlug,
The Centre's capex objective for 2023-24 is Rs 10 lakh crore, which is 33% more than the budget projection of Rs 7.5 lakh crore for 2022-23. The government's emphasis on capital expenditure to stimulate economic development cannot be contested. What is actually important, though, is the resumption of the private investment cycle. When capacity utilisation exceeds 80% and demand is expected to increase, investments are made. Another significant step forward in data accessibility will be the implementation of a National Data Governance framework that will provide access to anonymized data. Three artificial intelligence excellence centres to allow 'Make AI for India' and 'Make AI work for India' will be the next great thing in Indian technology.
Mr. Kalyan Kumar, Co-founder and Chief executive officer, KlugKlug
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