Current Affairs Exam

Budget lacks mega projects: Telangana Inc

Incwill reap the benefits of the series of announcements made by theUnionfinance minister on boosting digitisation, spending on DEFENCE sector, incentives for MSMEs and the overall thrust on the sunrise opportunities in areas such as Artificial Intelligence (AI), geospatial systems, drones, semiconductor, space economy, genomics and clean mobility systems, among others, said Industry leaders.

However,TelanganaInc leaders rued the fact that no key project of national importance was sanctioned for the state.

The government initiative directing to clear 75% of procurement bills within 10 days and settlement of delayed payments through conciliation and end-to-end e-billing system for procurement is a welcome step. Introduction of PLI scheme in the solar sector will strengthen domestic manufacturing of solar modules.

Exit mobile version