Top Equipment News
Budget Reactions | Allcargo Logistics
The Union Budget 2017 with an agenda to transform, energise and sanitise India is reasonably balanced for an inclusive growth of the Indian economy. A couple of initiatives announced in the budget presented on February 1 bring some cheer to the sector.
Budget Reactions | Maersk Group
India has the opportunity to increase its share in global trade. A 10 per cent reduction in trade costs can boost the country?s competitiveness and contribute additional revenues of up to $5.5 billion annually.
Budget Reactions | Finolex Industries
Budget 2017 has rightly provided the much-needed focus on farmers and affordable housing. Good initiatives like increased fund corpus with NABARD, higher availability of credit to farmers, affordable housing getting infrastructure status, refinancing by National Housing Board, construction of one crore houses for the homeless, an augmentation in sanitation coverage and provision for safe drinking water in villages, higher spending on infrastructure and in rural areas, will give the requisite boo
Budget Reactions | Barco India
We appreciate the deep-rooted changes introduced in the Union Budget 2017. The budget further reflects the commitments of the Indian Government to truly promote digitalisation in the country. This includes allocating Rs 10,000 crore for Bharat Net Project which is dedicated to extending high-speed broadband, Wi-Fi hotspots and fibre optic network in India, especially to the rural landscapes, Gram Panchayats and more.
Budget Reactions | SG Estates
This is a good budget from real estate perspective because of complete clarity on affordable housing. The criteria for low cost/affordable housing has been changed from built-up area of 30/60 sq m to carpet area of 30/60 sq m, thus making the low cost/affordable housing segment more lucrative and also making the segment more attractive for the buyers.
Budget Reactions | TDI Infratech
We welcome the infrastructure status being given to the affordable housing sector. This will help achieve the target set to cater to this most important segment, which is the need of the hour. We will now see more of such projects being announced in the recent future.
Budget Reactions | CREDAI Chennai
Infrastructure status to the affordable housing segment indicates that this sector will play an important role in reviving economic growth in the country. This will help developers to obtain cheaper loans from the banks which will significantly boost the government?s target of Housing for All by 2022.
Budget Reactions | Siemens
The industry was keen to see the representation the rail sector would get in this combined budget, the first in independent India. The Finance Minister did a good job focusing on key and strategic measures for the railway sector.
Budget Reactions | JCB India
Finance Minister Arun Jaitley has presented a well-balanced and constructive combined budget, focusing on the most critical aspects of the economy, such as Infrastructure, Agriculture and Rural India.
Budget Reactions | Luminous Technologies
It appears to be a balanced budget with great focus on job creation, demand generation, spending on infrastructure all across in rural sector, urban sector and a big way in housing. More emphasis is given on tax compliance and rationalisation of various government subsidies and claims, digitisation and digital transactions which is a big thing. It has focused on the long term economic correction in the country.