Post-budget 2018 Reaction Mr. Amit Jain, President, Uber India & South Asia

The emphasis laid by the Finance Minister on continued investment in telecom infrastructure and broadband access is very good. That will be instrumental for continued improvements in education, health and financial inclusion. The continued budgetary support for the Smart Cities programme and additional investment in infrastructure is another step in the right direction and in sync with other forward looking measures on artificial intelligence and blockchain announced today. The thrust on MSME sector and the allotment of Rs 3 lakh crore for lending in FY 19 will empower one of the biggest livelihood creation engines in the country. Noting the role of entrepreneurs, start-ups in this regard, the FM’s promise to simplify the regulatory regime was a welcome remark.

We look forward to a robust implementation of these announcements and remain confident that the government will enable a policy environment that will further enhance mobility for all Indians.