Current Affairs Exam

Union Budget: Rs 1,500 crore will help youth, women, says northeast industry

bodies in the northeast have hailed theUnion Budgetfor earmarking Rs 1,500 crore for development initiatives, which they said will enable livelihood activities for youths and Women in the region.

The Indian Chamber of Commerce (ICC) has termed it an extremely Growth-centric budget that they felt every industry needed amid a pandemic and to achieve fast recovery of their respective businesses.

As almost 99% of all enterprises in the northeast come under the MSME category now, Abhijit Barooah, chairman, Confederation of Indian Industry (CII), northeast, was hopeful that the budget will give a push to the MSMEs.

Federation of Industry & Commerce of North Eastern Region (FINER) has hailed the Budget and said that FM presented a Capital Expenditure-led budget aimed at reviving the Covid-hit economy and creation of more jobs over the next two decades.


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