The industrial bodies in the district say that the budget has a clear focus on laying a strong foundation for the country's future development. They say that the increase in income tax slab to 3 lakh from 25 lakh and raising the rebate level to 7 lakh from 5 lakh will spur local consumption and growth. They also say that the measures taken for skill development of youth, modernization of farming, and the decision to continue credit guarantee scheme for the micro small and medium enterprises msmes are some of the highlights of the budget. They say that they would have been happier if there was any announcement on those issues.
