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Public Sector Enterprises as Pillars of Growth: SCOPE Acknowledges Key Role in Interim Budget 2024

New Delhi: SCOPE, the apex body representing Public Sector Enterprises (PSEs), extends its commendation to the Honorable Union Finance Minister for unveiling a well-balanced and forward-looking Interim Budget 2024. The Director General of SCOPE expressed, “This ‘directional’ Budget establishes a roadmap for fostering inclusive and comprehensive development, seamlessly integrating all economic strata and sectors to propel India towards prosperity.”

In lauding the Interim Budget, Mr. Atul Sobti, the Director General of SCOPE, emphasized that while the announcements carry a macro perspective, they are poised to catalyze overall socio-economic development. The budgetary provisions are set to provide a significant boost to economic prosperity by empowering youth, women, and marginalized sections of society. Furthermore, it places a spotlight on social development by prioritizing the growth of rural India and underscores environmental sustainability, contributing to a greener planet. The inclusive approach, coupled with a focus on infrastructure development and inter-sectoral synergy, lays the foundation for sustainable and inclusive growth.

Underlining the crucial role of Public Sector Enterprises in the nation’s developmental trajectory, Mr. Sobti highlighted that their strategic presence in key sectors positions them as pivotal contributors to economic growth. The budget’s emphasis on innovation, digitization, and investment-led growth aligns seamlessly with the continued role of PSEs in driving economic progress in the country.

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