Pre- Budget hopes from the Mumbai industry
The Dollar Business Bureau With demonetisation fraying, the nerves of the business community, the financial capital of India is relying on the finance minister to give them the much-needed soothing balm. The Dollar Business gathered the reactions of some before the Budget started. Sudhir Mehta: CII (WR) Chairman, and Managing Director, Pinnacle Industries: Of all our recommendations, I think the following should be focused on. Firstly the privatization of 1000 PSU companies. The recommendation by the Kelkar committee on PPP has also been a thorny issue. This needs to implemented as soon as possible. On the issue of asset recycling, railways have opened up the PPP development, and we should see at least 50 new railway stations being taken up for investment revival in 2017. We need ...
Six Indian startups share their Budget wish list
Sneha Gilada With 'startups' and 'venture capitalism' having become buzz words in the business environment, the government jumped onto the band wagon in 2016, and initiated a slew of measures to boost the startup ecosystem in India. One year ago, in January 2016, The 'Startup India' initiative was launched with the intent of incentivising startups through tax exemptions and funding support. A three-year tax holiday for newly founded businesses was one of the most cheered moves of Budget 2016-17. India's fiery entrepreneurial spirit has made the country the third largest breeding ground for startups in the world, after USA and England. With Budget 2017-18 fast approaching, stakeholders anticipate many more tax and non-tax sops to make the business environment more friendly for incubations. Minister of Commerce and Industry, Nirmala Sitharaman has also ...
Pre-Budget Expectations: 'Smart Cities need enough support for timely completion'
"The government needs to have a mechanism to ensure timely delivery of projects that ensures better ROI" The Dollar Business Bureau Ashish Tandon, MD, Egis India: Mr. Ashish Tandon, MD,Egis India Communicating to The Dollar Business Bureau, Ashis Tandon, expressed that, “The government needs to have a mechanism to ensure timely delivery of projects that ensures better ROI” TDB: What are your expectations from the Union Budget 2016 for infrastructure sector in general and for the sectors that you have a presence in particular like railway, road? AT: Egis is an integrated solutions provider in the engineering consultancy space. We have a very strong presence in Roads & Highways, Rail, Water, Ports, Aviation, Urban Planning and Development etc. So we are impacted by ...
