Jamshedpur: Adhunik Group managing director Manoj Kumar Agrawal today said the Union budget was pro-growth and speedy development in the country.
He said the Finance Minister had spoken about proposal to make amendments in the MMDR Act to promote mining sector and enhance coal production.
Both activities would fuel further industrial growth, he said. He further said that the tax limit exemption to employees and increase in the investment limit under Section 80 C were other reasons to feel relieved.
�The announcement of highway, water way and setting up of 100 smart city will boost transport, logistics, export and other commercial activities.
The development of basic infrastructure would further push up the demand for steel and cement. All sectors will benefit from this,� said Agrawal.
