Budget Reactions: Punit Goenka hails holistic focus on broad-based economic recovery

Reacting to the Union Budget 2022-23, presented by Finance Minister Nirmala Sitharaman earlier today (February 1, 2022), Punit Goenka, MD & CEO, Zee Entertainment Enterprises Ltd, said, “The holistic focus on broad-based economic recovery in the Union Budget, with a huge emphasis on job creation and digital ecosystem of the country, is a positive for India Inc. at large.”

He further said that the steps announced to build domestic capacity for Animation, Visual-Effects, Gaming and Comics segment would certainly help enhance capabilities, enabling the country to compete more effectively at a global stage.”

“An extension in the credit line guarantee scheme is also a welcome move, which will provide some much-needed relief to the relevant sectors which were impacted due to the pandemic,” Goenka added.