Trivandrum: Eminent industry experts and economists gave a clarion call to the Government to spruce up growth through increased public investment, amidst a general consensus that the Union Budget 2013 has contributed little to tackling the country’s three key problems of growth, inflation and current economic deficit. The Budget will make IT more expensive and there was nothing in the Budget to promote exports or the growth of the IT industry.
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CII welcomes Budget 2013-14 as inclusive & growth oriented
Trivandrum: CII has welcomed the Budget 2013-14 as a growth-oriented Budget that would kickstart the next cycle of investment. Coming in the backdrop of challenging global and domestic macro-economic conditions, the Budget makes laudable efforts to optimise growth drivers while addressing inclusive and sustained development. CII is happy that many of its suggestions have found mention in the Budget.
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