Bengal News Grid // Mamta Binani, President of MSME Development Forum – West Bengal Applauds Government's Proactive Measures for Inclusive Growth and Economic Resilience

KOLKATA, 23RD JULY, 2024:

CS (Dr.) Adv. Mamta Binani, President of MSME Development Forum WB said, "The recently announced Union Budget for 2024-25 by Finance Minister Nirmala Sitharaman highlights a strong commitment to inclusive growth and economic resilience. We are optimistic about the government's initiatives aimed at empowering youth, boosting agricultural productivity, and enhancing women's participation in the workforce. These measures are crucial for promoting inclusive growth and fostering a conducive environment for business growth. 

The emphasis on increasing Minimum Support Prices for farmers, extending welfare schemes like PM Garib Kalyan Anna Yojana, and launching significant youth employment schemes with a ₹2 lakh crore allocation over five years demonstrates proactive steps to stimulate economic activity. The focus on agricultural productivity, skill development linked to employment, and promoting women's workforce participation through targeted initiatives is expected to create favorable conditions for sustained business innovation and growth. Overall, the budget provides a solid foundation for economic stability and progress, aligning well with corporate goals for a dynamic and inclusive economy."

Mamta Binani is a President of MSME Development Forum – West Bengal. Ms. Binani has served as a jury member of the ICSI National Award for Excellence in Corporate Governance and CSR, 2016, the Golden Peacock Award of The Institute of Directors for the year 2016, ASSOCHAM Award for Commendable CSR Activity for the year 2016. She is the Vice President of the Kolkata National Company Law Tribunal Bar Association, the Chairperson of the Merchant Chamber of Commerce-Legal Affairs Council, and also an executive committee member of INSOL India. She is a Board Member of International Women’s Insolvency & Restructuring Confederation (IWIRC) and is presently the Co-Chair of the India Network.

Ms. Binani is an Independent Director in some of the reputed Boards of the Country viz. Century Ply, Balrampur Chini Mills, Emami Limited, and others. Ms. Binani feels that the government is the engine and that as a member of that machinery, it is her responsibility to highlight the government’s efforts by bringing them to the masses and classes.