Budget Reaction from Mr. Manoj Agarwal, Managing Director, Adhunik Metaliks Ltd
Commenting on the Union Budget Mr. Manoj Agarwal, Managing Director, Adhunik Metaliks Ltd said: "It's a growth budget with emphasis on generating consumption and investment by increasing money in the hands of individuals. The Finance minister has made a bold statement of getting the GDP growth rate back to 9 %, which in itself will provide impetus by way of large spending in infrastructure projects.
The plan to increase investment in infrastructure to 9% will boost infra related sectors like steel, cement, power sectors and few others," Mr. Agarwal added.
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