\"The Budget should enhance infra spending. And once the allocation is done, the implementation part would be equally important to focus on. This will help businesses and the economy as a whole,\" Tongia told ETCFO emphasizing that speedy execution of infra spending is critical to India's pursuit of becoming a $5 trillion economy by 2025.
The government should also extend the export incentives, whichever are possible, to the Indian manufacturing industry to make it further competitive so as to meaningfully counter China's presence in global markets, the finance executive said.
Manufacturing can be further boosted by providing production-linked incentives, he said.
Ease of Doing Business
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Polycab CFO said the government must ensure that while cracking down on miscreants, the ease of doing business does not get affected, and that compliant businesses are incentivized. \"A fair balance needs to be maintained between the cost of non-compliance and that of compliance. The rules must be drafted considering both compliant and non-compliant businesses,\" the CFO signed off.
Finance Minister Nirmala Sitharaman will announce the Budget on February 1.
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首席财务官Gandharv Tongia Polycab电线电缆制造商,希望对即将到来的财政年度预算2022 - 23把重点放在基础设施支出以及鼓励出口行业。首席财务官表示,这些措施将走很长的路在创造就业机会和维护经济复苏。
“预算应加强下文支出。一旦配置完成,实现部分将是同样重要的关注。这将帮助企业和经济作为一个整体,”Tongia告诉ETCFO强调快速执行下文支出对印度至关重要的追求成为一个经济到2025年的5万亿美元。
政府也应该扩展出口激励,哪个是可能的,印度制造业,使其进一步竞争,有效地对抗中国在全球市场的存在,金融高管表示。
制造业可以进一步提高通过提供根据激励,他说。
缓解做生意的
Polycab首席财务官表示,政府必须确保打击罪犯,做生意的缓解不受到影响,并且兼容企业鼓励。“公平之间的平衡需要维护的成本不合规。规则必须起草考虑兼容和不一致的业务,”首席财务官签署。
财政部长吧Sitharaman将在2月1日宣布的预算。
“预算应加强下文支出。一旦配置完成,实现部分将是同样重要的关注。这将帮助企业和经济作为一个整体,”Tongia告诉ETCFO强调快速执行下文支出对印度至关重要的追求成为一个经济到2025年的5万亿美元。
政府也应该扩展出口激励,哪个是可能的,印度制造业,使其进一步竞争,有效地对抗中国在全球市场的存在,金融高管表示。
制造业可以进一步提高通过提供根据激励,他说。
缓解做生意的
Polycab首席财务官表示,政府必须确保打击罪犯,做生意的缓解不受到影响,并且兼容企业鼓励。“公平之间的平衡需要维护的成本不合规。规则必须起草考虑兼容和不一致的业务,”首席财务官签署。
财政部长吧Sitharaman将在2月1日宣布的预算。
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