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.
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"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.
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