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.

Cargo Talk - - Budget - KAL­PANA LOHUMI

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.

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