The union budget 2022, has received mixed reactions from various sectors. 'ITF' welcomes 'Ease of Doing Business 2.0'.
Coimbatore: After the union budget 2022 was announced, the Indian Texpreneurs Federation(ITF) Convenor, D. Prabhu welcomed a few moves announced in the Budget 2022. D. Prabhu said that he welcomed:-
1. “Initiation of Ease of Doing Business 2.0 with industry stakeholders consultation is a much needed one to improve our ranking.
2. Extension of one year period for tax incentives for new manufacturing units will motivate industries regarding new Capex.
3. Using technology for crop assessment if attempted for cotton in top priority, it will be helpful for industry to get good market intelligence." He said.
1. “Initiation of Ease of Doing Business 2.0 with industry stakeholders consultation is a much needed one to improve our ranking.
2. Extension of one year period for tax incentives for new manufacturing units will motivate industries regarding new Capex.
3. Using technology for crop assessment if attempted for cotton in top priority, it will be helpful for industry to get good market intelligence." He said.