Dr. Prabina Rajib, Director, Birla Institute of Management Technology (BIMTECH) Greater Noida, “highlighted that the Union Budget 2025 aims to drive transformative reforms across six domains, envisioning a Viksit Bharat with quality education, and affordable, comprehensive healthcare. She emphasized the budget's focus on inclusive growth and its potential to position India as a global leader in technology through investments in AI, cloud computing, 5G, and cybersecurity. The establishment of three AI Centres of Excellence, backed by Rs 500 crore, will advance research, innovation, and skill development, while increased funding for educational infrastructure will prepare a future-ready workforce. Additionally, micro-enterprises (up to Rs 1 crore investment, Rs 5 crore turnover) will benefit from doubled credit guarantees to Rs 10 crore, enabling Rs 1.5 lakh crore in additional credit over five years, alongside customised credit cards, while small and medium enterprises see expanded investment and turnover thresholds. This budget aligns with Atal Incubation Centre (AIC BIMTECH) mission to transform India’s startup ecosystem by providing unparalleled support and resources to entrepreneurs, fostering innovation, driving economic growth, and building a sustainable, thriving startup community for a better future.”
Dr. PR Sodani, President, IIHMR University said, "With a focus on establishing 5 National Institutes for skilling, the Union Budget sets the foundation for improved employability. As a dedicated institution in India's health management sector, we believe the announcement for Centre of Excellence for AI in Education will shape healthcare management professionals who are parallel with global advancements in the Indian healthcare landscape. This will cater to the mushrooming demand for skill-based education, digital learning capabilities, micro credentialing, and global partnerships. The launch of New Fund of Funds with expanded scope along with fresh fund of 10,000 crore rupees will reshape the Indian start-up ecosystem and pave the way for an employment- provider society."
Prof. Ram Kumar Kakani, Director, IIM Raipur said, Budget 2025 marks a pivotal moment for India's entrepreneurial and skilling ecosystem, setting the stage for a 'Viksit Bharat 2047.' With a fresh Rs 10,000 crore fund-of-funds for startups and a transformative scheme empowering 5 lakh SC/ST women entrepreneurs, the government is not just fueling innovation but also fostering inclusivity. These initiatives, coupled with enhanced lending ceilings for education and policies to attract global talent, will create a robust foundation for a future-ready workforce. By prioritizing skilling, entrepreneurship, and equitable access to opportunities, at IIM Raipur, we are 'Building Business Owners,' innovators, and skilled professionals who contribute to India's vision of becoming a global economic powerhouse. This is not just a budget for growth—it's a blueprint for a self-reliant, inclusive, and prosperous India by 2047.
Deep Vadodaria - CEO of Nila Spaces:
"The Union Budget 2025 presents a strong focus on urban development and real estate growth. The 1 Lakh crore Urban Challenge Fund and the SWAMIH Fund 2 with Rs 15,000 crore will help address infrastructure gaps and provide relief to lakhs of homebuyers. The modified Udaan scheme, expanding to 120 new destinations, will boost connectivity and drive real estate sales by encouraging migration to new areas. A notable point, with the income tax exemption for earnings up to Rs 12 lakhs will also help the working class save more, potentially enabling them to invest in their dream homes. Overall, the budget takes significant steps toward a more connected and financially secure India."
