'Budget gives direction to creation of 13 mn jobs a year'
Press Trust of India / Hyderabad Jul 06, 2009, 18:39 IST
The Union Budget presented today gives rastructure development, education and employment generation of 13 million jobs, Hyderabad Software Exporters Association (Hysea) said here today.
I, steps like the scrapping of the FBT, extension of the 10A benefits till 201to 10 years and increased allocation to education are welcome steps.
However, from 10-15 per cent are going to have an adverse impact on the indusew which could have avoided, he added.
The industry also welcomes the educational infrastructure, including setting up IITs and interest waivese reforms will clearly bring in a manifold resource increase for employment.
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