The industry captains and members of the Confederation of Indian Industry (CII) welcomed the Union Budget that was tabled by Union Finance Minister Nirmala Sitharaman in the Parliament on Tuesday.
Describing it as an industry-friendly budget with a focus on long-term growth, they said that emphasis was laid on building infrastructure.
D. Tirupathi Raju, Chairman of the CII, Andhra Pradesh,said that it was difficult to table a ‘stable budget’ after the country endured the COVID-19 pandemic for about two years. “The U- turn in the economy has just started and the GST collection is improving, which are positive signs. The Budget focused on seven engines of the PMGati Shakti, the impetus that the industry has been looking forward to,” he said.
