Home / Knowledge / News / Textiles / Union Budget lavishly cover social and agri sector
Union Budget lavishly cover social and agri sector
03
Mar '08
The Union Finance Minister Shri P. Chidambaram was congratulated for presenting a budget with increased outlays for social and agriculture sectors without imposing any additional burden.

In a letter addressed to the Minister, Shri Ravi Kant President of Society of Indian Automobiles Manufacturers (SIAM) commended that increased spending on social sector, infrastructure and agricultural sector including a loan waiver programme have been achieved without imposing any additional taxes on the corporate sector and the manufactured product is truly remarkable.

Writing on behalf of automotive industry, the SIAM conveyed their appreciation to Shri P. Chidambaram and the officials of the Finance Ministry for unveiling a special package for the industry.

The letter said that the union budget has recognized the automobile industry a driver of growth in the manufacturing sector, the economy at large and its ability to further increase employment.

Shri Ravi also offered the society's cooperation to address issues relating to availability of finance and ensuring a stable interest rate regime.

Press Information Bureau Government of India

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Johan Berlin
InvestKonsult Sweden AB

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Tony Ward
Tony Ward

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search