“With a vision to empower employment and emphasise on Atmanirbhar Bharat, Union Budget 2023-24 is inclined towards the development of citizens and regions. There is always a need to encourage local manufacturers, artisans and craftspeople who contribute most to upscaling the Indian heritage. We feel proud to see that the government is considering their importance and have developed a package to improve their products’ quality, scale and reach, integrating them with the MSME value chain. It will further provide them with financial support and aid them with skill development. Furthermore, as a start-up, providing tax incentives by extending the benefit until March 31, 2024, will help us expand our business and explore more funding.”
-Preneet Malhotra, Founder and CEO of Designiche
