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February 1, 2024
The Interim Budget 2024, presented by Finance Minister Nirmala Sitharaman, marks a crucial step for India’s economy, focusing on smart spending, building infrastructure, and supporting important sectors. With a pronounced increase in capital expenditure and a constant commitment to addressing the needs of diverse segments including the poor, women, youth, and farmers, the budget charts a balanced course for sustained economic development. Notably, the focus on bolstering infrastructure, exemplified by initiatives like the PM Awas Yojana-Grameen for constructing two crore additional homes and investments in EV infrastructure, signifies a significant stride towards sustainable progress.
Moreover, the budget’s emphasis on research, innovation, and skill development, highlighted by initiatives such as the Skill India Mission and incentives for higher education enrollment, underscores a dedicated effort towards nurturing a skilled workforce and driving innovation-led growth. Additionally, measures to bolster support for MSMEs, women entrepreneurs, and agricultural tech initiatives resonate with the broader objective of empowering key economic stakeholders and fostering inclusive growth.
While initiatives like the Skill India Mission have undoubtedly enhanced youth training and employability, the Interim Budget 2024 aims to provide equitable opportunities for all. Bhavesh Goswami, Founder & CEO of CloudThat, emphasized the budget’s global vision, positioning India as a leader in innovation and entrepreneurship, shaping the future not only nationally but on the global stage. Goswami underscored the significance of the trinity of demography, democracy, and diversity, bolstered by ‘Sabka Prayas,’ bringing India to the forefront of global progress. He expressed optimism for the next five years, foreseeing development and golden moments to realize the dream of a developed India by 2047. Goswami highlighted the commitment to innovation and entrepreneurship as not just a national agenda but also a global calling card, signaling India’s intent to contribute to the future.
Read the full article from the CXO.today
Established in 2012, CloudThat is a leading Cloud Training and Cloud Consulting services provider in India, USA, Asia, Europe, and Africa. Being a pioneer in the Cloud domain, CloudThat has special expertise in catering to mid-market and enterprise clients in all the major Cloud service providers like AWS, Microsoft, GCP, VMware, Databricks, HP, and more. Uniquely positioned to be a single source for both training and consulting for cloud technologies like Cloud Migration, Data Platforms, DevOps, IoT, and the latest technologies like AI/ML, it is a top-tier partner with AWS and Microsoft, winning more than 8 awards combined in 11 years. Recently, it was recognized as the ‘Think Big' partner from AWS and won the Microsoft Superstars FY 2023 award in Asia & India. Leveraging their position as a leader in the market, CloudThat has trained 650k+ professionals in 500+ cloud certifications and delivered 300+ consulting projects for 100+ corporates in 28+ countries.
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