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Post Budget Quote: Mr Amit Bhatia, an eminent Indian Business Leader turned Social Impact Entrepreneur and Founder of Aspire Circle & Aspire Impact

business Feb 3, 2022

Mr. Amit Bhatia

Mr Amit Bhatia, Founder of Aspire Circle & Aspire Impact says “India’s budget 2022 has not just shown a digital pathway ahead but also a long-term green future staying true to our COP 26th commitments to achieve net-zero carbon emissions by 2070. On the one hand, the provision for $31.6 bn in direct transfer to more than 16 mn farmers for procuring wheat & paddy, $8bn for tap water connections for 38 million households, and clean energy for 2 lakh Anganwadis will improve the lives and livelihoods of farmers and ordinary households. On the other hand, $2.6 bn performance linked incentives for solar module manufacturers, interoperability standards for battery swapping to promote EVs, Sovereign Green Bonds to mobilize resources, green pesticides, agro-Forestry & private forestry would give an impetus to our green economy vision. The overall effect of all this is that we are well on our way to achieving an Impact Economy. Moreover, with 8% GDP growth expected in FY23, we would cross $3 trillion in GDP and $2000 in per capita GDP. For all of us at Aspire Impact, this is a welcome budget and helps India truly become an Impact Nation.”