Chief Minister Mamata Banerjee inaugurated the 48 Kolkata international book fair. On this occasion, CM mentioned books as the tree. And also she mentioned that the relation between Germany and Bengal is being with Netaji Subhash Chandra Bose.
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00:00Next 15th February, Modi 3.0, which is the third time Modi government is going to pass a full-fledged budget.
00:09Here, if we are in the middle-class community, they have become one after the other.
00:17But another issue is that if India is considered as a national property,
00:24then it is definitely a merchant, or those who do business with them.
00:30It can be the business of the rich or the business of the poor.
00:37The economic development of our country depends on this business.
00:43We can say that this is a big pillar of our country.
00:51In this business, there is a part of the toy industry.
01:05Today, we are going to talk to Anirban Gupta, the founder of Dr. Maddis Innovation.
01:14Let's talk to him about the budget issue.
01:20First of all, what is the expectation of the budget?
01:28Every time, people have a lot of expectations.
01:36Everyone watches TV and wonders what benefits they will get.
01:40Everyone thinks that things will be cheaper,
01:44that they will get a lot of income tax benefits.
01:47Everyone thinks that there will be a lot of development in the industry.
01:52I would say that the budget should be long-term.
01:57So that we can improve in the future.
02:00We expect that kind of a budget.
02:03Maybe that budget will not give me a lot of benefits today,
02:07but it will give me a lot of benefits tomorrow.
02:11I expect that the budget will give us a lot of growth in the future.
02:16And by doing that budget,
02:19we can improve the quality of life of ordinary people.
02:27Or we can give short-term benefits to ordinary people.
02:30As much as possible.
02:32But I expect that the budget will protect our future.
02:39Sir, we have seen that in the case of import-export,
02:44or in the case of SES taxation,
02:46what are your expectations on the budget
02:51based on the existing construction practices?
02:54I am in the toy industry, in toy manufacturing.
02:57Today, the toy industry is a booming industry in India.
03:01Because it is one of the most important parts of India's economy.
03:08As an industry, I expect that the budget will reduce the import duty on raw materials,
03:16the import duty on finished products,
03:19and there will be some other bans where we will not be able to import finished toys.
03:24And the GST can be regularized a little more,
03:30and the GST rate can be reduced and the toy can be more competitive.
03:36This is what I expect.
03:38And I expect that now we export toys.
03:41So we expect more benefits from export,
03:44so that we can compete with other countries in the world market.
03:48We can compete with other countries who are exporting toys.
03:54We are a little behind in price-wise,
03:57so that we can overcome that.
04:00And another thing I expect is that
04:03after the import is stopped,
04:06the imports that are being imported in other forms,
04:10there will be no rush on those imports,
04:12so that a toy can be fully opened,
04:14and a foreign toy can be assembled and sold here.
04:19Without the proper checking of the quality,
04:22there will be no rush on that in the budget, I expect.
04:26And we all hope that the production link incentives that have been stopped for a long time,
04:31will definitely be passed in this budget.
04:34Sir, in the case of GST, there is always a question and objection,
04:40that in any business, GST may be increasing the amount a lot,
04:46or GST is a question or objection of various kinds.
04:50So do you have anything to say about this?
04:52Look, we have to take GST,
04:54if we don't take GST and if we don't give GST to the government,
04:57how will the government get funding from the government?
05:02I don't have any objection to GST,
05:05but if the GST rate is reduced a little more,
05:07in the case of toys, then I think it will be good.
05:10Sir, in this case, if we are making it globally,
05:13in this manufacturing sector or open market,
05:16this is a very popular word,
05:18so I see that the Chinese industry,
05:21in any field, and in the field of toys,
05:24they have also expanded their dominance.
05:27So is there anything to be done to overcome that for India?
05:31India has already overcome a lot.
05:34Today, Indian toys are competing equally with Chinese toys.
05:39We are only falling behind in one place,
05:43that if you export in China, there are many incentives,
05:47so the price will be very low.
05:49We are falling behind in terms of price.
05:52We have to overcome that place.
05:54We will expect the government to focus on that place
05:58and give some incentives against export,
06:01so that we can overcome that place
06:04and we can have a tough fight.
06:08Sir, raw materials,
06:10something that is available before hand in any field,
06:15you talked about India's dependence on raw materials.
06:19If India is a little more dependent on raw materials,
06:23what do you think?
06:25The things that are made in our country,
06:28raw materials have to be imported from there,
06:31so an amount goes there.
06:33If India is a little more dependent on raw materials,
06:36or if more raw materials are made in our country,
06:39will the value of raw materials decrease?
06:44Definitely.
06:46But it is not possible overnight.
06:49We have to go step by step.
06:51We have to make more raw materials.
06:54Of course, the price of raw materials is more in India than in China.
06:58But today we are able to procure a lot of raw materials from India,
07:02which is a little more than the price in China.
07:07If we can control the price of raw materials under the BIS,
07:15and if we can match the price of raw materials with that of China,
07:23then we will be able to sell our products to the whole world.
07:27We will go a little further.
07:29Because we are very sound technologically in India.
07:33In India, science, technology and engineering are our pride.
07:38We cannot let that pride go to waste.
07:40We will definitely go with the help of science and technology,
07:44which is our main backbone.
07:46We just need raw materials, production,
07:50to create skilled manpower,
07:53and if we get help from the government in all these areas,
07:56we will definitely be able to sell to the world.
08:01Sir, in the case of the toy industry,
08:03there is a lot of focus on the budget in other industries.
08:08Do you think the toy industry should stay away from this issue?
08:16Of course, we are a little neglected in the toy industry.
08:20But the toy industry,
08:22which was first imported to India under the BIS,
08:28and which was done as a trial project,
08:31was very successful.
08:33We expect that the toy industry should be a little more focused.
08:37Sir, in this case, the human race plays a big role.
08:41For example, the toy industry or the toy makers,
08:46there are a lot of laborers who work.
08:50So, at this time, in India,
08:52the biggest headache of the young generation is
08:56that they are lagging behind in terms of jobs.
08:59And they say, where is the job?
09:01There is no job anywhere.
09:03There is no employment.
09:05So, in the future, can the toy industry
09:08contribute to the development of human resources
09:11by focusing on this budget?
09:13Of course, the toy industry needs a lot of manpower.
09:18In production, in the toy industry,
09:20it is not possible to do without manpower.
09:22Full automation is not possible.
09:24Basically, the toy assembly unit,
09:27if it is made by laborers,
09:32it costs a lot.
09:34Automation costs a lot.
09:36So, in that case,
09:38the moment we start thinking about this,
09:42the Indian population is not our liability.
09:45The Indian population is our asset.
09:47When we can convert the Indian population
09:50into an asset,
09:52it means that an asset is not made overnight.
09:57When we have a big house,
10:00and we make it beautiful,
10:03then the value of the asset increases.
10:05When we can properly trend up the manpower,
10:09we can bring this motivation in them.
10:12There is no shortage of jobs.
10:14We have to present ourselves in such a way
10:17that people will accept us in front of everyone.
10:20Our dedication,
10:22our temperament,
10:24our devotion,
10:26everything is created as an asset.
10:28The day we can create this asset,
10:30we will become one of the superpowers of the world.
10:34What do you hope to achieve
10:38when India moves away from the economy?
10:44India is now in a very good position.
10:48India's economy is probably in the 5th position.
10:53We will reach the 4th position very soon,
10:57and we will also reach the 3rd position very soon.
11:00But I do not expect to reach the 3rd position.
11:03I believe that we will reach the 1st position.
11:05That's right.
11:06Sir, one last question.
11:08At the moment,
11:10the West Bengal or our state,
11:12this business sector,
11:14as Bengalis,
11:16what do you think?
11:18Will our state invest more in this sector?
11:22What do you hope?
11:24Will we get more Bengalis?
11:26As Bengalis, we always hope that
11:28we will get more Bengalis.
11:30But we have to prepare more Bengalis.
11:32We have to prepare more Bengalis
11:34so that we can cater to the industry.
11:37We have to simplify a lot.
11:39We have to simplify a lot of things in the industry.
11:43We have to make manpower more skilled.
11:47Then the industry will automatically come to us.
11:51We don't have to worry about our industry.
11:53The industry will come to us.
11:55Sir, what do you think about the Bengali industry?
11:58How much hope do you have in this?
12:00I always hope,
12:02but I am not aware of how much it is happening.
12:10It is better to have more.
12:12We have to work harder in the Bengali industry.
12:16We have to change a lot.
12:18We have to increase our motivation.