A- A A+
Last Updated : May 26 2020 1:27PM     Screen Reader Access
News Highlights
532 flights operated on first day of resumption of domestic flights; Flight services resume in AP this morning            Over 40 lakh migrant workers ferried by Railways in 3060 Shramik Special trains            PM Modi says India-UAE cooperation has grown even stronger during COVID-19 challenge            India utilised lockdown period to ramp up its healthcare infrastructure, says Health Minister            Uttar Pradesh govt to set up migration commission to help find jobs for workers returning from different States           

Business News

Jul 06, 2019
2:40PM

Industry bodies, economic experts hail Union Budget

@Reuters
The budget 2019-20 has been hailed by the Industry bodies, Economic experts, Union Ministers, Chief Ministers of various states and NRIs.

ASSOCHAM President B K Goenka said the budget is a mega investment-oriented initiative with a strong focus on scaling up rural infrastructure and demand along with a slew of tax simplification measures, aimed at boosting growth.

Talking to reporters in New Delhi, Mr Goenka said, initiatives like e-assessment, inter-changeability of PAN and Aadhaar, and digital payment will make a big difference to taxpayers.

NABARD chairman HK Bhanwala has said, Budget proposal for 'zero budget farming' will help millions of farmers cut down their input cost and practice sustainable agriculture.

Chief Executive of Bombay Stock Exchange, Ashish Kumar Chauhan said the budget provides a blueprint to promote overall growth as it outlines several new reform initiatives.

However, mixed reactions emerged from India Inc. Chairman of the Piramal group, Ajay Piramal said the intent to provide housing for all by 2022 has the potential not just for growth in downstream sectors such as cement and steel but also for overall job creation.

Chairman of Raymond group, Gautam Singhania said the budget has attempted to address the concerns of various stakeholders from agriculture to the social sector, industry, youth and women.

Veteran industrialist Adi Godrej, chairman of the Godrej Group expressed disappointment saying the budget was not growth oriented. Chairman of Mahindra Holidays, Arun Nanda too believed that the budget has failed to address the biggest challenge of job creation.

A number of Non-Resident Indians in the UAE gave a thumbs up to the Budget. 
 

Live Twitter Feed

Listen News

Morning News 26 (May) Midday News 25 (May) News at Nine 25 (May) Hourly 26 (May) (1200hrs)
समाचार प्रभात 26 (May) दोपहर समाचार 25 (May) समाचार संध्या 25 (May) प्रति घंटा समाचार 26 (May) (1205hrs)
Khabarnama (Mor) 26 (May) Khabrein(Day) 25 (May) Khabrein(Eve) 25 (May)
Aaj Savere 26 (May) Parikrama 25 (May)

Listen Programs

Market Mantra 25 (May) Samayki 25 (May) Sports Scan 23 (Mar) Spotlight/News Analysis 25 (May) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 10 (May) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar)
  • Money Matters 22 (Mar)
  • International News 22 (Mar)
  • Press Review 23 (Mar)
  • From the States 23 (Mar)
  • Let's Connect 22 (Mar)
  • 360°- Ek Parivesh 23 (Mar)
  • Know Your Constitution 30 (Jan)
  • Ek Bharat Shreshta Bharat 22 (Mar)
  • Sanskriti Darshan 23 (Mar)
  • Fit India New India 23 (Mar)
  • Weather Report 21 (Mar)
  • North East Diaries 22 (Mar)
  • 150 Years of Bapu 22 (Mar)
  • Sector Specific Discussions 22 (Mar)