8 months ago
Northeast Industry Body Praises Budget
The Federation of Industry and Commerce of North Eastern Region (FINER) said the Union Budget is good and not just for votes.
They think it helps small businesses and builds roads in smaller cities.
It also helps tourism.
They said the budget was made thinking about big problems like the war between Russia and Ukraine.
They will check the details and talk to the government if anything is missing for their region.
FINER described the Union Budget as balanced and fiscally disciplined, not populist.
The budget was drafted considering geopolitical tensions like the Russia-Ukraine war and US tariff hikes.
Push for MSMEs and infrastructure development in tier 3 and 4 cities will benefit the Northeast.
The Buddhist circuit announcement is expected to boost the tourism sector in the region.
FINER will review the budget details and address any shortcomings with the government.
- Who
- Federation of Industry and Commerce of North Eastern Region (FINER)
- What
- Praised the Union Budget as balanced and fiscally disciplined
- Where
- Guwahati
- When
- February 1
- Why
- To highlight benefits for the Northeast region and address geopolitical tensions
Key facts
- Organization
- Federation of Industry and Commerce of North Eastern Region (FINER)
- Budget Description
- Balanced and fiscally disciplined
- Key Benefits
- MSMEs, infrastructure development, tourism
- Geopolitical Considerations
- Russia-Ukraine war, US tariff hikes
- Region Focus
- Northeast, including Assam
- Budget Type
- Union Budget
- Spokespersons
- Bajrang Lohia, RS Joshi
- Date
- February 1
Quotes
Bajrang Lohia
President of the Federation of Industry and Commerce of North Eastern Region (FINER)
“The announcement of the Buddhist circuit will help the tourism sector, which will in turn propel the economy.”
assamtribune.com
“This is not a populist budget. I think it is a balanced and fiscal-disciplined one.”
assamtribune.com
RS Joshi
Former President of the Federation of Industry and Commerce of North Eastern Region (FINER)
“Some may say that there is no specific mention of Northeast. But it is a Union Budget. Allocation is all sectors have gone up and these will benefit the region too.”
assamtribune.com
“We will need to go through the fine print. If there is anything lacking, FINER will bring it to the notice of the minister and the region's MPs.”
assamtribune.com
Sources
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