Union Budget 2024-25 Reaction – Amarendu Prakash, Chairman, SAIL.
“The government’s retaining the capex for infrastructure on the lines of interim budget reinforces the strong fiscal support for the infrastructure sector. The focus on urban housing, enhancement of rural infrastructure, further improvement in road connectivity and development of various corridors is expected to boost domestic steel consumption. This commitment to enhance connectivity and build resilient infrastructure will not only drive steel consumption but also create a multiplier effect, benefit various sectors thereby contributing to the nation’s overall economic prosperity.”