A forward looking Indian Budget 2022: say Gulf NRIs

A forward looking Indian Budget 2022: say Gulf NRIs

The Rs39.45 trillion ($529.7 billion) budget has focus on highways and affordable housing to put the pace of development on a higher speed

PRAVASISAMWAD.COM

Indian Budget 2022 evoked positive response from the NRIs in the United Arab Emirates (NRI). The Gulf residents called the budget balanced and growth oriented.

The Rs39.45 trillion ($529.7 billion) budget has focus on highways and affordable housing to put the pace of development on a higher speed.

The Gulf Today quoted Dr. Azad Moopen, Founder Chairman and Managing Director, Aster DM Healthcare, who said the digital registries of health providers and health facilities, unique health identity and universal access to health facilities under the National Digital Health Mission were positive steps towards enabling access to healthcare for the wider population.

“Similarly, we are glad that mental health and the challenges put forward by the pandemic are being tackled at a National level with the launch of Tele-Mental Health Programme. Upgrade of 2 lakh Anganwadis with better facilities will further enable the primary healthcare system and much needed healthcare support in remote & rural areas,” Dr. Azad Moopen said.

He, however, sought at least 3 per cent of the Budget to healthcare.

Indian Budget 2022 evoked positive response from the NRIs in the United Arab Emirates (NRI). The Gulf residents called the budget balanced and growth oriented

Gulf News quoted Dixit Jain, Managing Director at The Tax Experts DMCC, for his comments on the Indian Budget.

“Many reforms have been proposed in many sectors such as affordable housing, transportation, agriculture, education, health etc. What I understand, this budget is more towards spending money to strengthen the economy on a macro level,” Dixit Jain said.

According to Dr Sunil Kumar K, Managing Director of SAM Corporate in Dubai, the announcements on e-passports and digital currency are good moves for NRIs

“E-passports will help NRIs and the RBI’s digital Rupee will be a trendsetter in the digital currency market, “where state can play a catalyst and bring controls and confidence. The future is bright,” Kumar said in his comments to ANI.

A report in WION cited Bharat Bhatia, founder and CEO of Conares, the second-largest private steel manufacturer in the UAE, who in his comments to ANI said, “The finance minister presented a highly promising budget projecting a lot of opportunities for growth and investments that would prove to be beneficial to the economy at large.”

“The budget promises marginal allocations for urban capacity building, modernisation of building by laws, town planning schemes and transit-oriented development will be implemented,” he said.

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