Millennium Post

‘Big-ticket infra projects to boost steel industry’

SAIL Chairman C S Verma said on Saturday that Finance Minister Arun Jaitley has presented a Budget that addresses crucial areas of the economy and has planned for building capacities as well
as capabilities.

Commenting on the Union Budget presented by Jaitley during the day, the steel industry titan observed, “The pursuit of growth aimed at double digit in the near future is to be attained along with fiscal consolidation, thus ensuring its sustainability.”

“It is heartening that infrastructure sector initiatives have been given a major thrust, which will both spur domestic demand and ease supply side constraints with an increase of investment of Rs 70,000 crore in 2015-16 over 2014-15.”

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