Aparna Acharekar, Co-founder, coto
“The 2024-2025 Union Budget has kept women empowerment as one of the primary goals for the year and we, at coto, are pleased with the same. By giving a major push towards women-led participation, the budget focuses on encouraging more women into the workforce, thereby also boosting women's entrepreneurship, which is aligned with coto’s vision. The introduction of partnerships to formulate women-specific skilling programs along with the setting up of working women hostels and creches only showcases the government’s strong commitment to empowering young girls and women across socio-economic groups, further strengthening India’s economy. In addition to this, the allocation of over ₹3 lakh crore for schemes benefiting women and girls highlights this dedication even further.
From an investment perspective, the removal of the Angel Tax will allow for a more supportive environment for angel investment, ultimately benefiting the entire startup ecosystem and encouraging more entrepreneurship. We hope that these schemes and initiatives are implemented with a greater sense of dedication and urgency to meet the desired goals set for the future.”
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