Page 41 - Budget

Budget raises capital outlay for Railways to Rs 1.31 lakh crore

For passenger safety, a fund to be created with a corpus of Rs 1 lakh cr over a period of 5 years

Budget reduces customs & excise duties for renewable energy sector

It proposes zero customs and excise duties on certain items related to cashless transaction devices

Govt to formulate new rules for regulating medical devices

It will amend Drugs & Cosmetics Rules to ensure availability of low-cost drugs & promote generics

Budget emphasises on vocational skill development programme

Announces special scheme for leather & footwear industries for creating employment

Rationalise duties to boost investment in chemical industry: Sudhir Shenoy

More clarity in IPR regulations would benefit the industry & encourage R&D activities in India

Back Indian textile industry to double productivity by 2030

Financial packages provided to industry have to be output based, reviewed on multiple key indicators

Incentivise R&D for growth of specialty chemicals sector: Dr Deepak Parikh

Budget should offer credits to chemical producers who demonstrate exemplary corporate citizenship

Remove anomaly of inverted duty structure: Dr Raghupati Singhania

Tyre industry looks forward to announcements that will create a level-playing field Indian players

Budget should consider special package for textile industry

TUFS must be extended for another 5 years to enable companies to avail maximum benefit

Efficient cold chain network critical for fostering agricultural growth

Regional innovation is a must to transform horticulture, which can generate more income for farmers

Strengthen private sector participation in defence equipment production

Government needs to create few word-class hubs for defence & aerospace on a faster time scale

Budget: A healthy kick start for logistics sector in 2017

Bring surface transport, warehousing & shipping under one umbrella for faster decision-making

Fiscal support crucial to enhance the potential of renewables in India

State specific solar/wind policy should simplify the procedures to obtain regulatory approvals

Govt subsidy on new technology to give a boost to plastic packaging sector

FM should consider zero import duty on capital goods & raw materials used for new technologies

Budget should incentivise local sourcing of steel from auto industry

While anti-dumping duties protect steel industry, alloy steel makers are still exposed to dumping

Budget should raise the competitiveness of Indian manufacturing sector

It should motivate SMEs, which in turn will help Make in India campaign & in employment generation

Make tax structure simpler for Indian auto industry to prosper

The industry is highly taxed with three-tier tax structure applied at centre, state & local levels

Tax cash withdrawals above ~50,000: Panel

Naidu committee wants MDRs waived for Aadhaar-based systems

Budget should support auto manufacturers with tax rebates

It should provide support to car infotainment sector for new investing in technology & manpower

For innovation in diagnostics, budget should focus on Design for India

Tax reduction on lab chemicals will have a much more visible effect on the healthcare sector