Mrinmoy Purkayastha,
VP,
Alten Calsoft Labs
“We are happy to see the FDI limits in Defence increased to 49% enhancing capital inflow, as well as technology transfers and manufacturing investments, in the Aerospace & Defence sector. The proposed Rs. 10,000 cr venture fund for MSMEs/startups is a very good step in the right direction. This is very important for our country to reduce the cost of higher education and make graduate education more accessible to students in sub-urban/rural areas, thereby contributing to the economy. Overall, a big thumbs for the Union Budget 2014."
