Tuesday, March 29, 2016

HD Chamber Hails Delhi Budget, Focus On Socio- Economic Improvement Inspiring

While appreciating the budget presented by AAP, Dr. Mahesh Gupta, President, PHD Chamber of Commerce and Industry said that budget has rightly focused on socio-economic segment of the economy.

The slashing of VAT rates from 12.5% to 5% would go a long way in making items of daily use such as sweets, snacks and savoury items, all ready-made garments, e rickshaws, battery operated vehicles, hybrid vehicles and marbles cheaper, said Dr. Mahesh Gupta.

The allocation to education sector to the tune of Rs.10690 crores is an inspiring step and is expected to foster socio-economic growth in the national capital in the coming times, said Dr. Mahesh Gupta.

Access to clean water to every household by 2017 is encouraging as it is necessary for better health and sanitation, he added.

Allocation of Rs.152 crore proposed for realizing the dream of Late Dr. A.P.J. Abdul Kalam is inspiring as it will skill youth for global competiveness, he added.


The state government’s commitment in fostering ease of doing business in Delhi is encouraging. The scrapping of 200 types of useless affidavits will go a long way to foster ease of doing business in the National Capital, said Dr. Mahesh Gupta.

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