FM has walked on expected lines, lays stress on clean energy

V.S. Parthasarathy, Vice chairman, Allcargo Logistics Ltd

Go India, Grow India. The budget is clear on both growth drivers and health checks and places a long-term thrust on development. The FM has walked on the expected lines to strike a balance between spending and fiscal

With a big CapEx infusion and a macro push to key sectors such as infrastructure, the FM has walked on the expected lines to balance the spending and fiscal deficit

deficit while going all out to maintain the momentum of growth, with a large CapEx infusion and a macro push to key sectors such as infrastructure. The PM Gati Shakti Masterplan, the umbrella scheme, will get more firepower with higher allocations across the board to propel all related sectors, including logistics.

The development of multimodal logistics parks will further spur economic growth. The Unified Logistics

Interface Platform is a progressive move in tune with the times to enable the efficient movement of goods, cut down on logistics costs, and better inventory management. The budget can be termed ‘smarter’ and ‘greener’. The 5G rollout, digital Rupee driven by blockchain, and supportive measures for IT and startups make it smarter. The stress on clean energy, reverse logistics, and support for the EV revolution, among other things, make it more environmentally friendly and sustainable.