CII East Chairman praises budget’s focus on regional development
Government’s ‘Purvodaya’ plan aims to uplift Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh.
JAMSHEDPUR – India’s eastern states are set to experience accelerated growth with the introduction of new fiscal measures. This is what the Chairman of CII Eastern Region, S K Behera feels.
S K Behera, Chairman of CII Eastern Region, has lauded the Union Budget for its focus on the development of India’s eastern region.
Behera emphasized the ‘Purvodaya’ initiative as a crucial factor in driving economic growth in the five eastern states.
The plan’s emphasis on heritage site tourism is anticipated to enhance the cultural and economic landscape of the region.
"This budget signifies a significant shift in the development trajectory of eastern India," Behera stated in a recent interview.
A significant amount of Rs 1.48 lakh crore has been set aside for education, employment, and skill development.
This investment is expected to greatly increase opportunities for young people and enhance the capabilities of the workforce in the region.
Behera praised the government’s commitment to addressing the concerns of marginalized communities, such as the impoverished, women, and farmers.
The allocation of Rs 2.66 lakh crore for rural development and infrastructure is anticipated to have significant economic implications.
These measures are considered vital in addressing the development disparity between eastern India and other regions.
Industry leaders are expressing a positive outlook regarding the potential for a surge in investment and job creation in the upcoming years.
