‘Govt initiatives will improve global competitiveness’

“We expect the forthcoming budget to provide a balance between the economic growth priorities and inflation concerns, in an all-encompassing manner. The momentum of growth at which India has come up post the pandemic cannot be declined. We believe that the budget 2022 will be very carefully structured to sustain the growth momentum and continued infrastructure development, irrespective of the ups and downs,” says, Vineet Agarwal, Managing Director, TCI while sharing his views and expectations on the upcoming budget 2023-2024. “As the government’s vision to ease supply chain bottlenecks is quite evident in the scale of decisions and initiatives which have been undertaken in the recent past. The continued focus on execution of specific strategies will improve global competitiveness. Reducing logistics cost and creating a technology-enabled structure will help to achieve the target of positioning India among the top 25 countries in the Logistics Performance Index. In addition, emphasis on upskilling programs like Gati Shakti Vishwavidalya will help the logistics sector contribute its best in India leading the Industrial Revolution 4.0 & 5G era,” he adds.