Ludhiana: Only three days left for the Union budget, employers from Ludhiana anticipate the populist budget ahead of the assembly election because in four countries.
Entrepreneurs feel that some special reliefs maybe considering Punjab will also do polls, and because of elections in several states – Goa, Uttarakhand, Uttar Pradesh and Punjab – this possibility will be a populist budget.
In fact, we anticipate that the distributed countries of elections like Punjab will definitely get special incentives and benefits.
It is the right time for the center to attack chords with Punjab entrepreneurs who are not satisfied with introducing business-friendly steps and helping the country’s ill industries to recover from unprecedented losses.
“Rajkumar Singla, President of the Fastener Ludhiana Supplier Association, said,” because the election in four countries, almost no possibility the government places a new tax burden on the business community or anyone.
Therefore, it is not as in the past budget when some harsh announcements are made by the center, there is a very low probability this year.
“Atul Saggar, Secretary General of the Ludhiana Clothing Manufacturers Association, said that” the selection of assemblies in Punjab was good from disguised blessings because there was a very bright possibility that our demands as the introduction of a special booster package for Punjab small and medium micro units (MSMEs) was acceptable by the Minister of Finance Union.
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