The Union Budget has covered all essential aspects required for accelerating growth of Indian economy, said Mahendra Agrawal, Chairman, Confederation of Indian Industry (CII) Chhattisgarh State Council.
Special focus on Infrastructure development and increasing investment
to `3.96 akh crores is a very crucial move which will be supportive to overall economic growth as it will boost the demand from all sectors of economy, he said in a statement issued here
Ramesh Agrawal, Vice Chairman CII Chhattisgarh State Council said that increased support to rural development and especially reducing the corporate income tax rate to promote the
Small and Medium-sized Enterprises (SME) and Micro, Small and Medium-sized Enterprises (MSME) are the steps that will prove to be highly beneficial for Industry as a whole and to the GDP of
the nation.
We also welcome a great move to reduce the Individual Income Tax rates and also appreciate digitisation of economy that will boost the investment sentiments within the country, he said.