SATURDAY, 19 SEPTEMBER 2026

Drone Shakti welcome step but Edu sector heads for disruption: GTA

PANAJI

This is a Technology driven budget. Focus on digital currency will open huge opportunities in Fintech, crypto and blockchain space. ‘Drone Shakti’ program to promote start-ups on Drone Technology is another welcome step, feels Milind Anvekar, president, Goa Technology Association.

Pointing out that the defence research is also opened for start-ups and 68 % capital for procurement for defence will now be for domestic industry, Anvekar deliberates, “This is very much in line with Make in India and such actions across other domains can help in creating the 6 million new jobs envisioned in the budget.”

Stating that the education sector is headed for a major disruption in the coming years, GTA president adds, “Digital university and announcement to set up AVGC task force will help us build capacity to serve domestic and global markets. E-passports and Special mobility zones are good opportunities for exploring futuristic technologies. Any efforts to fast track the Bharat Net Optical Fibre project will only accelerate the journey towards a $5 trillion economy. Some relief for the MSME and service sector would have been appreciated as they are the most impacted during the pandemic times. Overall, a balanced budget showing commitment from GoI in building a Digital India.”


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It's growth-oriented: GCCI

Positive with boost to tourism (strap)

THE GOAN NETWORK
Published Feb 2, 2022, 1:12 AM IST
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It's growth-oriented: GCCI

PANAJIThe Budget FY 23 has been growth-oriented, with an impetus on capital expenditure to fuel economic growth and employment generation. The FM must also be commended for maintaining the fiscal deficit at 6.9 % of GDP in FY 22. GDP growth for FY 22 expected at 9.2 % was the highest for any large economy, stated Ralph De Sousa, president, Goa Chamber of Commerce and Industry (GCCI).Commenting that the hospitality sector firms are yet to regain their pre-pandemic level of…

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