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Industrialists share views on Union Budget

Industrialists share views on Union Budget
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Kolkata: Industrialists have welcomed the Union Budget 2019 and maintained that it presents a road map for new India.

Sanjiv Goenka, chairman RP-Sanjiv Goenka Group said: "This Budget lays the roadmap for a new India, for a modern India based on inclusiveness and development. One nation one grid is a new power tariff policy. Sadak Yojana, Har Ghar Jal Yojana are brilliant moves aimed for the common man. National Common Mobility Card, Interchangeability between Pan and Aadhar card are terrific thoughts

The Finance Minister has allocated Rs 100 lakh crore for infrastructure sector for the next five years. This will not only give impetus to infrastructure and consumption, but also create a new India in terms of infrastructure. The Union Finance Minister has referred to reformation of tenancy and labour laws, all of which will help ease of living and ease of doing business in India.

Overall, a brilliant vision by a great leader."

Satyam Roychowdury, Founder and MD, Techno India Group and Chancellor, Sister Nivedita University says: "This new budget is a great incentive for universities looking up and trying to improve higher education. The inclusion of fee waivers for meritorious foreign students would definitely boost the number of international students in India. The National Education Policy (NEP) would further strengthen the research funding in the academic institutes without worrying for external funds".

"I must compliment the Finance Minister for presenting a Budget that provides a comprehensive roadmap to foster growth with social equity and climate resilience. The Budget proposal indeed gives a strong directional impetus to the agricultural sector by promoting 'agri-preneurs' and value addition in agri-produce whilst addressing the critical need for water security. The move to enable sustainable agriculture through zero budget farming and promotion of agri-based renewable energy is indeed laudable. It is heartening to note the thrust provided to infrastructure development, the MSME sector and job creation", said Mr Sanjiv Puri, chairman and managing director, ITC Limited.

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