‘Rs. 75,000 cr investment in infra will boost economic growth’

Sunil Tyagi, Secretary, Warehousing Association of India (WAI) shares, “A hefty budget of Rs.75,000 crores for investment in 100 critical transport infrastructure projects for improved connectivity for ports, coal, steel, fertilizer, and food grains (including Rs.15,000 crores for private investors and the revival of 50 additional airports, heliports, water aerodromes and advance landing grounds with the intent of improving regional air connectivity, are all in alignment with National Logistics Policy. These measures will give a boost to the growth of economy. The Budget also seeks to setup a number of mechanisms to ease the regulatory and compliance framework in India. The implementation of these proposals will go a long way in improving India’s Ease of Doing Business rankings.”