NEW DELHI: ASSOCHAM President Dr. Niranjan Hiranandani today said that concerted efforts by the Hon’ble Prime Minister Shri Narendra Modi himself in his outreach to wider sections of the industry and other key stakeholders, fiscal incentives and sustained public investment on infrastructure will lead to a spur in demand and will be big catalyst for reviving the growth momentum in the economy.
However, he said, that the industry has certain
expectations and hopes on various fronts from the upcoming budget for it to be
able to play a galvanising role in the economy and the nation’s development at
its full potential and also help achieve the larger target of a $5 trillion
economy in the next few years.
As per Dr. Hiranandani, Industry Inc. was looking
forward to some bold measures in key areas of concerns as follows:
These are broadly some of the requests from Industry Inc. and we are very hopeful that an empathetic Govt. of India will take heed of our burgeoning concerns. We look forward to bold fiscal measures and quick implementation which are key to success in economic development and nation building.
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