Budget 2019

Union Budget is broad-based: CII Chairman

Alka Kshirsagar Pune | Updated on January 20, 2018 Published on February 29, 2016

Sanjay Kirloskar, Chairman, CII Western Region, says with adequate focus on farming, social sector, infrastructure and fiscal prudence, the Union Budget 2016-17 is broad-based.

The target to double farmers' income by 2022 is ambitious and higher allocation for irrigation schemes and crop insurance will positively impact the sector going ahead.

Increased thrust on government investments in infrastructure will aid economic growth now that private sector investments are subdued. Substantial enhancement in allocation to gram panchayats and municipalities will empower them and help accelerate development.

Published on February 29, 2016
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