July 21, 2024

Post-Budget Reaction Quote_Vidit Aatrey, Founder & CEO- Meesho & Sanjeev Barnwal, Founder & CTO -Meesho

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Mr. Vidit Aatrey, Founder and CEO – Meesho

“It is heartening to see the government’s continued thrust on supporting the MSME sector. The infusion of Rs 9,000 crore in the revamped Credit Guarantee Scheme, enabling collateral-free guaranteed credit of Rs 2 lakh crore, will help address working capital issues of small businesses. Our 6.3 crore MSMEs, which collectively employ nearly 11 crore people, have been able to bounce back from the pandemic on the back of similar proactive interventions in the past and this step will further hasten their recovery. As India’s only true online marketplace, Meesho is committed to working closely with the government towards making our MSMEs competitive and self-reliant.”

 

Mr. Sanjeev Barnwal, Founder and CTO- Meesho

“Making emerging tech mainstream by introducing it in engineering campuses is a masterstroke by our visionary government. The establishment of 5G labs and AI Centres of Excellence conveys a clear focus on boosting research and development, upskilling our workforce and preparing them for a new gamut of opportunities. At the same time, initiatives like the Agriculture Accelerator Fund and a unified Skill India digital platform have potential to deliver meaningful change at the grass roots.”