Category: Union Budget 2022-23

Budget Reaction

Budget Reaction by Danfoss

By Ravichandran Purushothaman, President of Danfoss India “We welcome the progressive and growth-oriented budget presented by the Finance Minister Nirmala Sitharaman for 2022-23. As part of India’s new blueprint of infra growth for the ‘Amrit Kaal’, the increased capital expenditure, 35.40 percent above last year, will create more infrastructure, which will have a huge multiplier effect on the economy. With economic growth pegged at 9.2%, ahead of other large economies, and a sharp focus on sustainability and circular economy, India is well poised to withstand the challenges and reach closer…

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Budget 2022-23: Water for Development of Nation

Budget 2022 by AQUALITY Water

By Mohammed Naser Azeez, Managing Director, Aquality Water Solutions Pvt. Ltd. Water resources are under serious threat across the globe and India is also facing the grave water challenges. Availability of safe drinking water, inefficient water use practices and inadequate wastewater treatment are some of the greatest issues India is facing currently. The groundwater withdrawal rate as compared to available supplies is extremely high due to better economic activities coupled with rapid urbanization and population growth. The combined effect of increasing population and expanding cities will see the demand for…

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Budget 2022-23: Focus on Water

Union Budget Sahara Industry

By ABDUL RAHMAN MOHAMMED, CEO, Sahara Industry Until a few years ago, we were not talking about water the way we do it now. The water scenario has changed drastically in the last decade from abundance to scarcity. The liberalization process which brought about the growth of our economy, our population, our prosperity; also led to extracting more natural resources from the planet including higher levels of water extraction and use while also creating more pollution with these resources. The surface water availability per capita in India in 1991 was…

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Union Budget 2022

Union Budget Grundfoss

By Mr. George Rajkumar, Country President, Grundfos India Budget 2022 has laid the foundation for India@100 with the Government showing its commitment towards a sustainable and a greener future for Indians. With India expected to grow at 9.27%, the much needed impetus towards climate action has been observed in this year’s budget. The allocation of INR 60,000 crores towards the ‘Har Ghar Nal Se Jal’ initiative to connect 3.8 crore households with tap water connection is commendable and will also boost the country’s water infrastructure. While nearly half of our population…

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Union Budget 2022-23: Water for Economic Growth

Union Budget SPML

Response by:  SUBHASH SETHI, Chairman, SPML Infra Limited There is a growing recognition about the need to make water management a mass movement in the country. Government of India is publicly talking about it and has taken the initiative under the Jal Jeevan Mission Scheme. It is clear that the holistic and sustainable benefits of efficient water management with proper infrastructure support do offer an opportunity. But there is also the challenges involved of how to enable a transition from government owned-government run system to public owned-public run system. We…

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