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The Hindu
The Hindu
National
The Hindu Bureau

Budget evokes mixed reaction from industries, Chamber of Commerce

The Mysuru Industries’ Association has dubbed the 2023-24 State Budget as disappointing and lacking in vision.

MIA president Vasu, who is a former Congress MLA and was denied a ticket to contest from Chamaraja constituency, said the budget has failed to respond to the requirements of the industry and listed a slew of demands that were not met. He said a demand to reduce the fixed charges on electricity from 9 to 3% has gone unacknowledged while there is no allocation of funds for completion of Mysuru Export Centre. Though a few projects have been announced like the film city, allocation by way of funds has not been earmarked, said Mr. Vasu.

He said the amount allocated to Kidwai unit in Mysuru was ‘‘not sufficient to procure even a single diagnostic equipment’’ and dubbed the budget as disappointing.

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