Thursday, 02 February 2023 | PNS | DEHRADUN
Terming the Union budget as growth oriented, balanced and inclusive, the Confederation of Indian Industry (CII) Uttarakhand has said that it would induce growth in the country. On Wednesday the CII Uttarakhand organised a budget viewing session which was attended by Industry leaders from various sectors.
The former chairperson of CII Uttarakhand Hemant Arora, said that a provision of 33 per cent increase in expenditure for infrastructure development has been made in the budget which is 3.3 per cent of the GDP.
The Chairperson of CII Uttarakhand Sonia Garg said, “The Union Budget 2023-24 is a growth-oriented budget with a focus on the seven priorities of inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector. The measures such as an increased outlay for affordable housing, and enhanced focus on tourism and development of unity malls in key cities would give a fillip to the real estate sector.’’
The Vice chairman of CII Uttarakhand Bipen Gupta said, “ This year’s budget scores well on many fronts including its focus on developing infrastructure, meeting green goals, providing tax relief to the middle class and boosting the MSME sector.’’
The Vice Chancellor, DIT University, G Raghurama said that the budget has given a strong impetus to skill development and education through the setting up of 157 new colleges along with a new programme to promote research and innovation in the pharmaceuticals sector along with the setting up of 30 Skill India International Centres will also be set up across different States. “The Budget also brings laser-sharp focus to AI-led skill-development by announcing the establishment of three centres of artificial intelligence. The main highlight of the budget is much awaited relief to the middle-class,’’ he said.
