Need a win formula focused on ‘Women, Infra & Norms’ in Budget 2021: Nikhil Rungta

The year 2020 saw a rapid transition to digital, with even smaller, traditional businesses thinking digital. Industry experts expect the Union Budget 2021-22 to give further growth impetus to digital in the year ahead, along with creating more employment opportunities as well as a greater push for a truly Aatmanirbhar Bharat.

Nikhil Rungta, Country Manager, India, Verizon Media, is looking forward to a progressive Budget, with structural reforms that drive consumption and growth.

He added, “In particular, I see an opportunity for a ‘WIN’ formula focused on ‘Women, Infrastructure and Norms’. Job market trends show a disproportionate increase in women’s unemployment during the pandemic. This Budget must empower more women to take their place in the workforce, to drive inclusive economic growth.”

Rungta further said, “Secondly, we are now seeing even smaller, traditional businesses think digital – the time is ripe to expedite investments in infrastructure, specifically digital infrastructure to increase digital inclusion for Indians across our towns and villages. Lastly, we would like the Government to relax the norms around ease of doing business to encourage enterprises and start-ups to create a truly ‘Aatmanirbhar Bharat’.”