The Confederation of Indian Industry (CII) has welcomed the Budget presented by Chief Minister Virbhadra Singh on Tuesday.
Applauding the State Government, Sanjay Khurana, Chairman, CII Himachal Pradesh State Council said, “I appreciate and support the policy initiatives announced in the Budget like the setting up of Bureau of Investment & Single Window Clearence Agency (SWCA) for Small Enterprises as it will go a long way to boost sustainable industrial investment in the State.
He said the fiscal incentives announced in the Budget will give impetus to survival of existing industry in the state besides an added attraction for new investment.
“The youth of our State had been awaiting the announcement of a conducive scheme for boosting entrepreneurship in the state. I appreciate the pro-active approach of the leadership of state government who sensed the need of time and announced various reforms to give an enabling platform to the youth of the State,” he added.
He said the reliefs announced in the budget e.g. reduction of electricity duty, entry tax, easing of VAT refund process, stopping interference of inspectors, providing better infrastructural facilities will help the entire industry of the State in a big way and will also pave the way for accomplishing the main agenda of “Ease of Doing Business”.