NEW DELHI (Metro Rail News): “The government has given adequate support for creating an Aatmanirbhar Bharat.
FY22 capital expenditure increase by +34.5% at Rs 5.54 lakh crore will help the steel industry. The Rs. 1.25 lakh crore investment for Railways is a welcome move”, said Mr V R Sharma while commenting on the budget.
He said that the Landmark vehicle scrapping policy will not only help reduce pollution and accidents but will help decentralization of the steel industry. Mr Sharma is known for his innovative management which has helped JSPL a lot even during the pandemic.
“To further promote Scrap based Electric Arc Furnace Steelmaking, Govt may consider immediate rollout of “One Nation One electricity tariff” policy so that the scrap can be melted in different regions”, he said.
“The announcement of the National Hydrogen Energy Mission is a great step toward greener manufacturing and sustainable development. Rs 25000 Cr of spending on roads sector in West Bengal is a great initiative. Attracting NRIs is going to boost investments in India. “Overall this is a progressive budget, which will help to boost growth, job creation with a focus on nation-building”, Mr Sharma added.
“Welcome the #Budget2021 proposals announced by Hon’ble FM @nsitharaman ji. It is a very progressive & development oriented budget focussed towards giving a further impetus towards #AtmaNirbharBharat . It will hopefully create both job opportunities & manufacturing opportunities”, said Mr Naveen Jindal, Chairman, JSPL in a tweet.