Peo­ple friendly bud­get

Cargo Talk - - Budget -

Adarsh Hegde, Joint Man­ag­ing Di­rec­tor, All­cargo Lo­gis­tics, says, ‘Bud­get 201819 has an over­all bal­anced view with fo­cus on the masses. Af­ter last year’s GST roll­out, we ex­pected this bud­get to fo­cus more on di­rect taxes. There weren’t too many an­nounce­ments for the lo­gis­tics sec­tor, but the em­pha­sis on in­fra­struc­ture ex­pen­di­ture is a wel­come move. De­vel­op­ment of 35,000 km of road net­work un­der phase 1 of the Bharat­mala project is a key corol­lary to ad­dress­ing vi­tal con­nec­tiv­ity is­sues.” “The con­cerns of the lo­gis­tics have also been looked into with the set­ting up of a Na­tional Lo­gis­tics In­for­ma­tion Por­tal. A much-needed sin­gle win­dow clear­ance dig­i­tal plat­form for stake­hold­ers across the sup­ply chain spec­trum will en­able them to con­sol­i­date their mar­ket com­pe­ten­cies. Sig­nif­i­cant fo­cus on health­care, ed­u­ca­tion, ru­ral up­lift­ment and dig­i­tal In­dia is laud­able. Mar­ginal slip­page in fis­cal deficit is a slight worry but over­all it is a peo­ple friendly bud­get. How­ever, we will have to deep dive for bet­ter un­der­stand­ing,” he adds.

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