Industry reactions on Union Budget 2018-19

The logistics industry had to listen intently to Finance Minister Arun Jaitley’s Union Budget 2018 speech to fish out benefits for them. With the government presenting the annual Budget, a roadmap has been set for the year. There are mixed reactions from the industry. While few feel the budget is a mix of growth and opportunities, on the other end, according to few experts, the budget is again not directly going to benefit the logistics sector.

However, industry is optimistic with the earlier announcements like the infrastructure status and e-way bill. The industry is also confident with the government’s move of pushing infrastructure development through Sagarmala and Bharatmala projects. We bring you some industry views.