While the Union Finance Minister Arun Jaitley has concluded the Budget 2016 recently, stories around the same will be floating. With reference to the same ‘Mr. Gyanesh Chaudhary, CEO and Managing Director, Vikram Solar’ has shared his feedback on the Union Budget 2016-17.
Please find below the post budget quote by‘Mr Gyanesh Chaudhary, Managing Director and CEO, Vikram Solar
“Union Budget’s proposals are reflective of the Government’s intent to achieve accelerated growth for rural India and revive the agricultural economy, which is much welcome. It is noteworthy to see commitment to achieve 100% rural electrification by 2018, along with focus on education and skill development. Having said that, the budget presented by Hon’ble Finance Minister, Shri Arun Jaitley did not promise a lot for the manufacturing sector. With no clear or bold reforms announced in manufacturing, (apart from 100% FDI in food processing) the budget did not showcase the intention to coordinate efforts under ‘Make in India’ initiative.”