HomeBudget 2024Union Budget 2023 Expectations: SaaS, Deep-Tech Expects Growth Boost Budget

Union Budget 2023 Expectations: SaaS, Deep-Tech Expects Growth Boost Budget

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In the run-up to the Interim Budget 2024, leaders in the deeptech industry are eagerly anticipating measures that will shape the trajectory of technological and economic advancement.

Here’s a breakdown of their perspectives:

Yogesh Singhania Chief Business Officer Of Hostbooks

While we eagerly await the Interim Budget 2024, our focus remains on anticipating measures that will foster the growth of businesses, especially in the tech-driven financial sector.

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We hope for initiatives that promote the adoption of SaaS technologies like ours, enabling businesses to navigate accounting and compliance seamlessly. A budget emphasizing digital infrastructure and automation could significantly contribute to the ease of doing business, propelling economic efficiency.

As a SaaS-based platform, we anticipate government support for the integration of technology in financial processes, ensuring that businesses, regardless of size, can harness the benefits of automation. The budget’s emphasis on scalability, innovation, and user-friendly financial solutions aligns with our mission to empower SMEs and professionals with streamlined and cost-effective accounting tools.

Swayam Agrawal, Founder and CEO, Aarika Innovations

The upcoming 2024 budget is super important because it shapes the path for our country’s economic success. For tech entrepreneurs, it’s not just about money; it’s a promise to support new ideas and long-term growth. We need a smart balance, taking care of urgent needs while setting the stage for big changes.

The plan should connect with what people want, improve our tech stuff, and make sure everyone gets a fair shot. We must make smart changes to boost innovation, get investments, and make our mark globally. The budget can kickstart good things by investing in research, helping startups, and bringing together businesses and schools. Let’s make sure everyone, not just a few, gets to be part of the tech world. With the right mix of popular ideas and smart changes, the budget can create a strong, fair, and lasting tech system, helping all our tech dreamers succeed.

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Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.
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