Interviews
Budget a cosmetic makeover, says Sanjay Dalmia
28 Feb '07
1 min read
Emphasizing on the need for a 'holistic' budgeting, Sanjay Dalmia, Chairman, GHCL Ltd, opined that all sections of the society should have been benefited through this exercise.
“Stopping money supply and raising taxes will not help. We, as a nation, have to make good quality textiles that will be competitive globally. And competitive, against say Pakistan, which is a dominant player on the home textiles front.”
Dalmia aims to set up ancillary units that will help is bring down the cost while raising the overall quality of Indian home textiles, and ensure India remains in reckoning, globally.
Effort should have been made to increase the size of middle and upper middle classes who are numbered at 30 million to 60 million thus doubling the buying or consumer population, he added.
Dalmia's other concerns were education and health front that deserved much more than which was being proposed in the budget.
“Stopping money supply and raising taxes will not help. We, as a nation, have to make good quality textiles that will be competitive globally. And competitive, against say Pakistan, which is a dominant player on the home textiles front.”
Dalmia aims to set up ancillary units that will help is bring down the cost while raising the overall quality of Indian home textiles, and ensure India remains in reckoning, globally.
Effort should have been made to increase the size of middle and upper middle classes who are numbered at 30 million to 60 million thus doubling the buying or consumer population, he added.
Dalmia's other concerns were education and health front that deserved much more than which was being proposed in the budget.
GHCL Ltd
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