Reformative, will help attain self-reliance: Industry
Ambika Sharma
Tribune News Service
Solan, February 1
Investors in the industrial hub of Baddi-Barotiwala-Nalagarh (BBN) today termed the Union Budget as progressive and reformative that would help in attaining self-reliance while boosting development.
Sanjay Khurana, president, BBN Industries Association (BBNIA), described it as a bold and reformative Budget with a development agenda. He added that a disinvestment route had been adopted to generate resources to create a developed, robust and modern and self-reliant India, which is a bold initiative.
IMJS Sidhu, president, Vardhman Textiles, Baddi, said, “Since the textile sector is the biggest employment generator after agriculture, the creation of seven textile parks over three years through the MITRA Scheme will create a strong manufacturing base while giving a major push to employment”.
Sandeep Verma, chairman, Engineering and Exports Committee of BBNIA, termed the Budget as growth-oriented and welcomed the support announced to the micro, small and medium enterprises that had been hit by the recent sharp rise in iron and steel prices and relief to metal recyclers.
Shailesh Pathak, chairman, CII Himachal Pradesh, lauded the Budget announcements for the northern states and said many of the states were hubs of MSMEs and there are many positives for the sector such as the rationalisation of the custom duty structure.
