Tirupur: The Union Budget has disappointed apparel industrialists.
The textile industry here has welcomed the Union Budget proposals saying that it is growth oriented.
Finance Minister Nirmala Sitharaman today unveiled a budget aimed at boosting infrastructure and foreign investment, the first since the Bharatiya Janata Party led by Prime Minister Narendra Modi returned for a second term in power.
New Delhi: As part of the National Democratic Alliance government’s focus on bringing micro, small and medium enterprises (MSMEs) under the formal economy’s fold, a payment platform for the MSMEs will be set up, finance minister Nirmala Sitharaman announced in her maiden budget speech on Friday.
FIEO President Sharad Kumar Saraf on Friday said Rs.70,000 crore allocated to PSU banks will ease the flow of credit to the MSME sector.
Ludhiana: Despite including a series of announcements aimed at their relief, the Union Budget has failed to woo the small businessmen of the city.