Industry Body CII DG, Chandrajit Banerjee On Union Budget 2025

Industry Body CII DG, Chandrajit Banerjee On Union Budget 2025
#unionbudget #unionbudget2025 #chandrajitbanerjee #industrybody #republicbusiness #rbiz
Chandrajeet Banerjee, the Director General of the Confederation of Indian Industry (CII), has outlined key expectations for the upcoming Union Budget , emphasising the need for a growth-oriented approach. Banerjee argues that the budget should focus on fostering economic growth, addressing critical areas like employment generation and reviving consumption demand to ensure sustainable progress.
Banerjee expressed confidence that the budget would address the needs of India’s middle class, focusing on income tax relief and simplified tax filing procedures. Reducing income tax for lower-income groups would provide greater financial flexibility and allow for enhanced consumption. Furthermore, Banerjee suggested that the budget should prioritize affordable housing in urban areas, a move that would benefit the middle class and support the housing sector.
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