Traders, industrialists, members of the business and industrialists gave mixed reactions on Union Budget 2022 23 presented by Union Minister of Finance, Nirmala Sitharaman.
Federation of Jharkhand Chambers of Commerce and Industries (FJCCI), Chief Dhiraj Taneja said that for mineral rich states like Jharkhand, there was a hope of further expansion in Infrastructure, whatever is missing, it is expected that it will be considered.
The Confederation of All India Traders (CAT) has described the Union Budget presented by Finance Minister Nirmala Sitharaman as a comprehensive and progressive budget document. CAT’s National Secretary Suresh Sonthalia, in his statement issued on Tuesday, said that the phased development of trade and small scale industries, along with ensuring the development of each sector from the general budget, underlines the parameters of strong Growth in Health-sector”>Health sector and Services. Overall, it can be called a complete developing budget. Sonthalia said that many new announcements including expansion of ECGL scheme with Rs 5 lakh crore, linking of PLI scheme to various sectors will not only benefit the small manufacturing units but also the business sector.