Home / Knowledge / News / CII CEOs opinion Poll on Union Budget announcement
CII CEOs opinion Poll on Union Budget announcement
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

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Courtesy: Commonwealth Bank of Australia

Textiles | On 25th Oct 2016

World’s first cotton shipment using Skuchain’s Brackets

The world’s first trade transaction involving shipment of cotton...

Textiles | On 25th Oct 2016

Cotton yield to increase to 568.29 kg/ha in 2016-17: CAB

At its first meeting for the cotton season 2016-17, the Cotton...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search