The Union budget has been largely received positively in Nagaland. Keneirienuo, a member of the startup community, praised the initiatives aimed at supporting new businesses.
Chothazo Nienu, a local economist, appreciated the announcement that no income tax will be levied on earnings up to 12 lakh rupees.
Azonuo, a local woman business owner, expressed her approval of the credit expansion for ST/SC women entrepreneurs.
Meanwhile, Kenei Mepfhuo, a prominent businessman in Kohima and former executive member KCCI, expressed support for the measures aimed at MSMEs but voiced concerns over the tax hikes on certain items.
Nagaland’s Lok Sabha Member of Parliament, S. Supongmeren Jamir, has raised concerns over the Union Budget presented today, describing it as lacking uniformity in development across states.
The MP emphasized that while the budget addresses development goals, it fails to provide equal attention to all regions, particularly the Northeast.
Mr Jamir expressed disappointment that there are no significant national projects or initiatives specifically targeting the Northeast region.
“The budget makes a general reference to the Northeast, but it does not outline specific measures tailored to its unique needs,” Mr Jamir remarked, while questioning whether the central government would be willing to provide the necessary resources and support to implement the proposed developments in the region.
