CII welcomes focus on healthcare, infrastructure
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The Andhra Pradesh (AP) department of Confederation of Indian Industry (CII) has applauded the proposal within the Union Budget to halve the timeframe for reopening of income-tax evaluation circumstances from six to 3 years and the discount in Customs responsibility on sure inputs and uncooked supplies, together with lengthy merchandise of alloy and non-alloy chrome steel and copper scrap, amongst others.
CII A.P. chairman D. Ramakrishna mentioned the 2021-22 Union Budget had laid out a transparent roadmap for accelerating development within the coming days and that the impetus given to the infrastructure sector was a welcome transfer.
He advised mediapersons that the main allocation to the healthcare sector would assist in tackling the COVID pandemic and that the general funds had a imaginative and prescient for the federal government’s flagship ‘Atma Nirbhar Bharat Programme’.
CII Vijayawada zone chairman V. Venkateswara Rao felt that the funds had charted the fitting course to stoking development within the post-COVID situation.
CII Andhra Pradesh main sector panel convener G. Venkateswara Rao was of the view that aqua fisheries hubs would assist in creating the required worth addition within the farming sector.
Andhra Pradesh water taskforce convenor M. Lakshmi Prasad and co-convenor Y.V. Krishna Mohan, CII Vijayawada zone vice-chairman S. Narendra Kumar and previous chairmen M. Venugopal and V.V.M. Krishna and previous chairperson V. Nagalakshmi expressed their views on the funds.
