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4 March 2015, Sify News

Corporate leaders welcome General Budget

Amit Bhandari, Author, Energy and Environment Fellow, Gateway House, has been quoted in an article on the release of the renewable energy target of the Indian Union Budget of 2015. This article has been published by Sify News

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New Delhi, Mar 01: Corporate leaders across India welcomed the General Budget presented by Union Finance Minister Arun Jaitley on Saturday.

Reacting to the Budget presented by Jailtey, Indian Chamber Of Commerce said in a statement: “ The announcement of setting up National Investment & Infrastructure Fund in which Central Govt will allocate Rs 20,000 crore each year for industry usage – this will boost confidence of private infrastructure companies and help to boost much needed investment in infrastructure.”

“The Budget needs also to be commended for taking a holistic approach of development, and has announced transferring of as much as 62% of the total recipts to the States which is unprecedented.

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