UP budget pragmatic: Assocham

Industry body Assocham today described the Uttar Pradesh budget as pragmatic and said it should help in a holistic development of the state.
"It is a very balanced budget which is likely to spur holistic growth and development of Uttar Pradesh," D S Rawat, secretary general of the Associated Chambers of Commerce and Industry of India (Assocham) said in a statement here today.
The chamber hailed the supportive announcements and fund allocation for different industrial sectors -- infrastructure, education, small and medium enterprises (SMEs), cottage and rural industry, food processing, healthcare, information technology (IT) and others.
"These initiatives, if implemented in letter and spirit, are likely to boost the states investment attractiveness and create significant employment opportunities across UP," Rawat said.

In a nutshell, the budgetary proposals reaffirm UP governments commitment to promote inclusive growth, he said.