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The Hindu
The Hindu
National
The Hindu Bureau

Kerala Budget 2024: Industry body welcomes Budget

Budget Kerala KSIDC MSME

The Kerala State Small Industries Association (KSSIA) has welcomed the State Budget for 2024-25.

The Budget raised great hopes for the sector and was found supportive of efforts to speed up investments, said A. Nizaruddeen and P.J. Jose, president and secretary respectively of KSSIA, on Monday.

The Budget has set apart ₹1,729.13 crore for industry and mineral sectors, while ₹773.09 has been allocated for medium and large industries. However, industrialists feel that the provision for the small sector is inadequate considering the contribution the segment makes to the economy.

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