Saurabh Gupta | 29 Mar, 2016
Apex industry body has welcomed the Delhi Budget
presented by the State Government on Monday, mentioned that the budget was
comprehensive in addressing the issues of the citizens and industry and meeting
their expectations.
Confederation of Indian Industry (CII) members also appreciated the Government
for incorporating many of recommendations and suggestions submitted by CII.
"This has been a very positive budget that has kept the needs of the
common man in focus. It has also been a participative process with a clear
strategy and prioritization of objectives," said Rumjhum Chatterjee,
Chairperson, CII Northern Region and Group Managing Director, Feedback Infra
Private Limited.
"CII is encouraged that many of our recommendations find a place in the
Budget and we look forward to partnering the Delhi Government in achieving what
it has set out. It is heartening to see the Governments clear focus on areas
like Education, Infrastructure and Healthcare. It will certainly improve the
quality of life of Delhi's Citizens in the short to medium term," he added.
The Textile industry and also other industry sectors in Delhi are very
optimistic with this budget. The Government has introduced few schemes such as
3 Tier system in Healthcare and other Tax level reforms such as single window
clearances are a welcome sign.
"The budgets focus on Social Welfare of the state is heartening to see.
Like previous year, increase in budget for the Education Sector will improve
the infrastructure of the Government Schools. Developing Delhi as a Knowledge
Economy of Delhi by showcasing Delhi as a Knowledge Hub of the Nation will
improve influx in the Education Sector," said Madhav B Shriram, Chairman,
CII Delhi State and Director, DCM Shriram Industries Limited.
"It is an overall positive budget. Government's intentions are very clear
and good. The Budget caters well to the economically weaker section of the
society. The focus on Healthcare, Infrastructure and Education is good provided
that they are able to implement it," said Rahul Chaudhry, Vice Chairman,
CII Delhi State and Chief Executive Officer, Servel India Ltd.
Overall this budget has been very positive particularly from the point of view
of addressing the needs of the social sector. Attention to detail would
certainly help this year. However we expected Luxury Tax issue to be dealt
better. The Government has accepted CII's recommendations on Branding Delhi and
Delhi Festival, said K B Kachru, Member, CII Delhi State Council and Chairman-
South Asia, Carlson Rezidor Hotel Group (Radisson Hotels).
"The Delhi Government has put its money where the mouth is by providing
appropriate emphasis on Healthcare access to the masses of Delhi. Quality of
implementation and sustainability will the key determinant of success,"
said Daljit Singh, Convenor, CII Delhi Panel on Healthcare and President Fortis
Healthcare said.
Instead of forced outsourcing, the issue of education, the Government has taken
bold steps of dramatically increasing its investments in Education. This is a
wonderful bold move welcomed by all. However, we are pained that no regulatory
enablement has come to expand the number of Private School seats which is the
number one concern of most parents in Delhi, said Aditya Berlia, Convenor, CII
Delhi Panel on Education , and ; Member of Management Board, Apeejay Stya and
Svran Group.
The implementation of the policies will be a big challenge though the
Government and industry are very hopeful. It has been an impactful budget.
Rahul Munjal, Convenor, CII Delhi Panel on Environment and Sustainability said that
the Government should have focused more on the Renewable Energies which was
missing this year.
The Budget has focus on Vocational Training and Skill Development. The new
scheme of Train the Trainers is a very positive sign for the future of Delhi.
"It is also good to see two more ITI's coming up this year. The Vocational
training is the only way of overall development of Delhi. The only aspect the
Government needs to focus on is the quality of Training," said Namita
Gautam, Convenor, CII Delhi Panel on Skills, and; Director, Sheela Group.