Home / Knowledge / News / CII CEOs opinion Poll on Union Budget announcement
CII CEOs opinion Poll on Union Budget announcement
03
Mar '08
CII CEOs opinion Poll revealed that the Union Budget 2008-09 is a people oriented and focused on inclusive and sustainable growth.

This was revealed by 94 per cent of the CEOs surveyed who opined that the Budget announcement was people oriented. Further, 76% of the CEOs opined that the budget announcements were focussed on inclusive and sustainable growth.

Further, 72.5% of the CEOs polled opined that the budget was growth oriented, but only 42% of the CEOs polled opined that the budget announcements were reform oriented.

While the budget announcements would provide more purchasing power in the hands of the people for stimulate demand, the CEOs opined that there could have been further reform announcements in the area of financial sector, agriculture and infrastructure.

The Union Budget announcements have provided support to the rural economy, this was revealed by 63% of the CEOs who responded to the opinion poll and another 32% of the CEOs feel that the budget announcements somewhat provide support to the rural economy.

Of the CEOs polled, 50% of them revealed their opinion that the Budget announcements have measures that would help enhance the competitiveness of Indian Industry.

Casting their opinion on the tax burden, 87% of the CEOs have revealed that the budget proposals would not increase the overall tax burden on the industry and economy.

On the overall direction, 80 per cent of the CEOs opined that thebudget announcements would help translate India's need for transiting from a labour-arbitrage to knowledge-arbitrage economy.


Must ReadView All

FPCCI prepares report on Pakistan’s export issues

Textiles | On 26th May 2018

FPCCI prepares report on Pakistan’s export issues

Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s...

Courtesy: Detego

Apparel/Garments | On 26th May 2018

Retailers adopting IoT strategies to monitor goods: Report

Retailers are adopting popular IoT strategies to more accurately...

European cities attracted 43% new brands in 2016: Report

Apparel/Garments | On 26th May 2018

European cities attracted 43% new brands in 2016: Report

European cities are the preferred new destination for international...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search