Primus In News
Budget 2025 expectations in a protectionist world
31-01-2025
Nilaya Varma, Co-Founder and CEO of Primus Partners, shares his view on Budget 2025. He highlights it as a pivotal opportunity for India to strengthen its economic foundation, focusing on long-term resilience, efficiency, and competitiveness. As countries adopt protectionist measures, India’s path toward Viksit Bharat requires a strategy that adapts to global shifts while fostering domestic growth. The budget should prioritize resource optimization, MSME empowerment, and procurement, ensuring India remains open to global opportunities while boosting local productivity. Expanding the direct tax base through simplified tax regimes and encouraging productive investment redirection are crucial for sustainable economic growth.