Enclosed is the reaction on Budget 2022 from Mr. Dhruv Agarwala, Group CEO, Housing.com, Makaan.com and Proptiger.com
Budget Reaction Quote for the Travel – Tourism & Mobility sector from IntrCity- Manish Rathi, CEO & Co-founder, IntrCity
Published on February 1, 2022
Manish Rathi, CEO & Co-founder, IntrCity
“We would like to congratulate the FM on delivering the Budget 22-23. We welcome the government’s commitment to expanding the national highway network by 25,000 kilometres this fiscal year. The Finance Minister needs to be complimented for her vision to usher 9.2 percent economic growth. This is very much possible in view of the allocation of 20,000 crores to the National Highway System. This shows the government’s intention to revive and transform the beleaguered travel and transport industry.
We endorse the GOI’s aim to improve road connectivity by redesigning the roads in hilly areas under the Parvat Mala initiative, which will improve connectivity for commuters.
The government seems inclined to strengthen and support public transport infrastructure in urban areas and allocate funds through low-interest loans to small travel operators; this is a good sign. These would help us expand our SmartBus fleet’s presence deep inside India’s heart and provide comfortable, convenient, and safe mobility solutions in Tier 2 and Tier 3 cities.”
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