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MC ExpertEye | What is that one big Budget announcement that startup founders are waiting for? The coronavirus outbreak has ravaged businesses. While some have begun to emerge from the blow, many are still struggling. Can the Budget help? Read on Representative image (PC- MoneyControl.Com) Note to Readers: MC ExpertEye is a weekly series of articles that will dive deep into an important topic by seeking answers from experts. The year 2020 hit the economy hard following the pandemic. While some of the businesses started seeing corrections only towards the second half of the year, some are still struggling to come out of the pandemic blues. Given the extraordinary situation, we ask a bunch of entrepreneurs from across sectors what are the economic pain points of their businesses and their expectations from the budget this year. ....
Budget 2021: Here s what the Indian startup ecosystem is hoping for Ahead of this year’s Union Budget on February 1, here’s what business leaders, entrepreneurs, investors, and other stakeholders from the Indian startup ecosystem expect from the Indian government. 0 claps Share on 2020 was a year full of challenges for livelihoods and the overall economy of the country, sparked by the COVID-19 pandemic. According to the National Statistical Office (NSO), India s GDP is estimated to contract by a record 7.7 percent during 2020-21 fiscal as the pandemic severely hit key manufacturing and services segments. The Union Ministry of Finance is all set to roll out additional measures to revive the slowing economy, post the Rs 20 lakh crore COVID-19 relief package announced in May 2020. ....