Mr. Ranganath N. K, Area Managing Director, INDO Region, Grundfos, expresses his views on the recent budget announcements. He says “We welcome this year’s budget which sharply focusses on issues that propels the growth of aspirational India. Addressing the challenges of severe water stress in the nation as one of its top most agenda, this budget gets to the bottom of things by proposing comprehensive measures for 100 water-stressed areas. Given that the budget also aims to empower famers by increasing their dependence on off-grid solutions with solarised grid-connected pumps through the PM Kusum Scheme, I think that this will act as a catalyst to sustainable irrigation solutions across the country. This abundant allocation in agriculture is likely to positively rural development.”
He also added, “We are greatly excited to see the budget allocation for Jal Jeevan Mission. Also the foreseen investment in the renewable energy sector will enable the government to achieve its national action plan on climate change.”