The quote on the Union Budget 2017 on the behalf of Mr. Raghav Himatsingka, CEO & Founder, Truckola,
The quote is on the basis of recent projections by Finance Minister on, “Increase in the pace of Construction of roads” how its effecting transportation and logistic sector and on the startup sector
Mr. Raghav Himatsingka, CEO & Founder, Truckola (Transportation, Logistics and Startup)
“Union Budget 2017 proved to be a signature mark for transportation sector with the announcement to pace the construction of roads. It’s a healthy move to support logistics industry which leads to swiftness and efficiency across sectors. By allocating Rs 2.41 lakh cr towards transport sector with an additional resolution to step up the budget for highway spends to Rs 64,000 crore in FY18, transportation industry is definitely set to witness some positive returns. Accounting to nearly 14% of India’s GDP, the logistics industry plays a vital role in the nation’s overall growth. With major emphasis on rural development this year, we feel this is an overall positive budget which will stimulate growth as well as drive social welfare and income equality.”
