New Delhi, March 02, 2016: “Part 1 of the budget gave an excellent midterm and long term direction to the economy. The vision of doubling farmers income by 2022 is very heartening. I hope that the set direction is followed diligently in the coming years as the contribution to the nation’s economy will be significant. I am particularly pleased on the direction given to agriculture, rural India and infrastructure.
I am concerned about the extra green tax on cars. The auto industry has started recovering after a few bad years and this could dampen growth. The industry has to spend enormous monies on meeting the accelerated regulations on safety and emission and any extra tax is a significant burden. I am ok with the green tax if it is used to incentivize scrapping of BS 1 and BS 2 vehicles and promote the sales of alternate fuel technology vehicles which would help environment also”.
Corporate Comm India(CCI Newswire)
