Hopes pinned on a positive budget
With government initiatives like GST, e-way bill, infrastructure status to the industry, there is a wave of optimism in the sector from Union Budget 2018-19. CARGOTALK talks to industry veterans to know their wish list.
Chander Agarwal Managing Director TCI Express
The government has brought some great potential for the economic upliftment of the country by setting up a dedicated logistics division under the Ministry of Commerce & Industry and granting an ‘infrastructure status’. Last year, about `39.61
lakh crore was announced for investment in infrastructure development. We look forward for more emphasis on improving the infrastructure this year not only for express delivery players, but for many industries carving a niche globally. Secondly, we expect efforts from the government on offering a seamless, transparent digital platform ensuring easy movement of goods and vehicles across the country. Lastly, we look forward for more schemes focused on fiscal incentives encouraging investments in SEZ, allowing the private sector to contribute, consolidate and expand.