Santosh Agarwal, CFO and Executive Director, Alpha Corp speaks on the recent budget

Santosh Agarwal, CFO and Executive Director, Alpha Corp – With a visionary growth in the affordable housing sector, FM has announced the allotment of 48,000 crores for completion of construction of 80 lakh houses under PMAY, and reduction of time in construction-related approvals. This will provide a much-needed impetus to the housing demand in the affordable segment. On the other hand, the facilitation of Tier II and III cities would help realize the potential in these regions with opportunities for all in terms of employment and sustainable living.

The emphasis given on the infrastructural development through a national highway network for multi-model connectivity will help in seamless connectivity. The PLI scheme will definitely incentivise MSME sector and thus give impetus for setup of new MSMEs as well as upgradation and shifting of existing MSMEs to industrial townships with proper support infrastructure for industrial units. The long-standing ask for single-window clearance and industry status is still to see the light of day.