Pragmatic, growth-oriented' |
Our Bureau / New Delhi February 28, 2006 |
The industry chambers today praised the Budget as pragmatic and growth-oriented. "We could not have expected anything better. The GDP grew faster than we were anticipating.This gave the finance minister larger fiscal space, enlarging the scope of investment in social infrastructure," said Confederation of Indian Industry (CII) President YC Deveshwar. The Budget would lead to greater buoyancy in investment and consumption, he added. "There is no additional burden of taxation on the corporate sector. The government |