Sohail Mirchandani Chief Operating Officer & Co-Founder, Ekostay, a homestay venture
“Young India has become synonymous with the term – Startup. The dream of having one startup per district is almost coming true, but one of the biggest hurdles startups face is being bootstrapped. And so the difficulties that come along, affecting the sustainability of these startups. The extension of ECLGS will only do good to young India in many ways. The ECLGS expansion by Rs 50,000 crores to cover an aggregate of Rs 5 lakh crores to aid MSME’s financial needs will definitely help the hospitality sector, that’s been looking for some relaxation or aid since Covid struck. This along with the other key points of the Budget 2022 shall definitely boost the spirits of young India and startups.”
