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Monday, December 23, 2024 | 06:51 PM ISTEN Hindi

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Budget is reasonably balanced for an inclusive growth: Adarsh Hegde

However, there are no remarkable announcements that the logistics sector can bank on

Adarsh Hegde, Jt MD, Allcargo Logistics
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Adarsh Hegde, Jt MD, Allcargo Logistics

Adarsh Hegde
The union budget 2017 with an agenda to transform, energise and sanitise India is reasonably balanced for an inclusive growth of the Indian economy. A couple of initiatives announced in the budget presented on February 1 bring some cheer to the sector. 

The government has taken the onus of setting up 100 India International Skill Centres which will definitely create a larger impact to address the issue of skilled labour in India. Another good move of the government in the budget to offer tax relief to corporates is the carrying forward MAT for additional 5 years. The bold target of 2500

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