
New Delhi [India]. Industry Body PhD Chamber of Commerce and Industry (PhDCCI) said on Saturday that investment and employment production.
Hemant Jain, President of PhDCCI, said, “Focusing on the middle class and MSME will increase consumption and production classes, promote private investment and create employment opportunities. Will accelerate growth in budget focus areas, mobilize private sector investment, mobilize private sector investment, increase domestic spending, and the power of growing middle class costs of India. To increase. “
“The key focus sector in the central budget, including tax, electricity, urban development, mining, financial sector, and regulatory reforms, is major components of development. These areas will promote development, improve infrastructure, increase governance, And will ensure sustainable development.
He highlighted that the key focus sector of the budget, including tax, electricity, urban development, mining, financial sector reforms, and regulatory changes-development, improvement of infrastructure, and sustainable development, and sustainable development. Will
Sanjeev Puri, president of the Confederation of Indian Industry (CII), emphasized the role of the budget in the fields of economic activity and employment, especially agriculture, MSME, and export.
“There is a very clear investment in the key sectors that are important for the development of India, such as human capital development, urban infrastructure, and the future technologies facing the future.”
He also praised the government’s commitment to the climate transfer, including the emphasis on nuclear energy, innovation, and the ease of business.
Puri added, “One of the important things is that there is cooperation with states that encourage sector intervention and reforms. The next phase of reforms needs to be at the state level, and this budget has set a step for it. “
CII Director General, Chandrajit Banerjee, said that the budget is in accordance with the government’s ‘Big’ and ‘bold’ measures strategy, in which India’s progress towards India is to advance.
“There has been a lot of emphasis on increasing consumption costs-not only through income tax deductions but also targeted measures for labor-related sectors and social security for Jig workers.”
Banerjee pointed out that regulatory reforms, especially the light touch framework, will increase India’s attraction as an investment destination. He highlighted the impact of reform in the power sector, which includes an additional 0.5 % of the GSDP borrowing allowance for states as an important step to improve industry competitiveness.
He also welcomed the rationalism of revenue, the introduction of a new income tax bill, and the regulatory reforms of the financial sector, stating that these measures would promote India’s economic expansion.
“Steps to reduce the tax burden on the middle class substantially, as before there is no responsibility for tax on income from Rs 7 lakh to Rs 12 lakh. Roy has seen, so these measures will directly promote development.
National President of Faki Flu praised the government’s attention on the backward classes, especially women, in empowering women.
“The introduction of term loans for 5 million women of SC/ST communities is a commendable step for financial inclusion, which provides important resources for the business personality.”
He also praised Saksham Angan Valley and Poshan 2.0 programs for their role in improving the nutrition for weak children, mothers and young girls.
“For the first time, this scheme offers immense potential for businessmen, especially women, SC/STS, to promote innovation and economic growth. This budget is a comprehensive government itself. Depending on India, and the commitment to build a ficky flu, we want to cooperate in converting these steps into effective achievements. “
He added, “Budget also provides strong support for MSME, which increases credit availability, new credit cards for micro enterprises, and growth in working sectors like shoes, toys, and food processing And schemes to promote job opportunities. ” (ANI)
(The story comes from a syndicated feed and the tribune staff has not edited it.)