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J-K budget to cater to different sections of society: Drabu

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Press Trust of India Jammu
The Jammu and Kashmir government today promised that the upcoming state budget would be a comprehensive one that would cater to the need of different sections of the society.

"The new budget would help the local industry besides ensuring the revival of economy, it would be a comprehensive one, catering to needs of different sections of the society," Finance Minister Haseeb Drabu said while addressing various delegations during a pre-budget meeting here in Jammu.

Accompanied by Minister of State for Finance Pawan Gupta, Drabu said the government would act as a facilitator which would ensure that the business and other related activities get a boost.
 

"Special focus would be on ensuring that the fiscal growth of the state is accelerated and its benefit percolates to every section of the society," he said.

While reacting to the suggestions put forward by various industry and trade representatives, the Finance Minister assured them that their genuine demands and suggestions will be given due consideration while framing the state budget.

"Holding of these types of pre-budget consultations is important in getting the required feedback from various stakeholders besides getting the requisite knowledge and awareness about the problems confronting trade, commerce, industry and other sections of the society," Drabu said.

Drabu said the government will always appreciate stakeholders to come forward and appraise about the concessions which need to be given to business community for undertaking their trade smoothly.

Members of trade industry should also cooperate with the government in increasing the revenue component for the progress, development and prosperity of the state, he said.

Maintaining that the government would act as a facilitator in simplifying the business regime, Drabu said the government would be giving focused attention to the growth and development of the sector by providing necessary support.

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First Published: Mar 10 2015 | 7:48 PM IST

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