BUSINESS
CII said the budget will encourage industry in Delhi with the focus on ease of doing business by reviewing the existing licensing system and simplifying the procedures.
Hailing the Delhi government for incorporating many of its suggestions in the annual budget presented on Thursday, Industry body CII on Friday said the measures announced will encourage industries and boost implementation of projects related to urban development.
Confederation of Indian Industry (CII) members also appreciated the state Government for incorporating many of recommendations and suggestions submitted by it.
"CII is encouraged...It was truly participative with active involvement of all stakeholders. It is heartening to see that the Government shares CII's vision of making Delhi a Knowledge and Skill Hub with its clear focus on areas like education and skill development," said Shreekant Somany, Chairman, CII Northern Region and Chairman & Managing Director, Somany Ceramics Limited in a release.
Welcoming increased funding for education, CII said is it indeed an investment for the future.
CII said the budget will encourage industry in Delhi with the focus on ease of doing business by reviewing the existing licensing system and simplifying the procedures.
It also complimented Delhi Government on constitution of Delhi Urban Development Agency, which will strengthen implementation of projects related to Urban Development across all constituencies.
On revised tax regime, Vice Chairman of CII Delhi State Council Madhav Sriram said it is a welcome step in the right direction.
"He said that with the focus on compliance and revision in processed, the trader and retail community in Delhi will be immensely encouraged," said Sriram, Director, DCM Shriram Industries.
Rahul Munjal, CII Delhi Panel on Environment and Sustainability, and MD Hero Future Energies said expanding the green cover in Delhi, stringent checks on pollution, levying an entry fee on heavy goods diesel vehicles will help improve the air quality and environment in Delhi.
CII also said that Delhi has the potential to be a World Class Tourist Destination.
"It has submitted that the government must look at promoting the sector by giving the tourists an incentive to come back. The culture and heritage of Delhi must be harnessed actively, according to CII's pre-budget proposals," said the release.
Darshan case: Karnataka HC reserves order on jailed actor's bail plea
DNA TV Show: Congress’ fresh allegations against SEBI chief Madhabi Puri Buch
Mukesh Ambani acquires another company after 3 years, it manufactures...
Hyderabad: Visually challenged couple lives unaware with son's body for 4 days
Noel Tata makes first major appearance since Ratan Tata's demise, seen at...
J-K: Light snowfall in higher reaches of Kashmir, IMD predicts cloudy weather for...
WATCH: Son gets Rs 3 lakh porn movie offer, his mom's reaction goes viral
Bigg Boss 18: Vivian Dsena's wife Nouran Aly gives stern warning to Karan Veer Mehra, says don't...
Bollywood’s biggest flop sold only 500 tickets, made at Rs 45 cr, it earned only…, it starred…
7th Pay Commission: Diwali GIFT for govt employees of this state, DA hiked by...
Instagram down: Users face issues while sending messages, say, 'Rehne do fir'
Bigg Boss 18: Nyrraa Banerji opens up on her 'love angle' with Shehzada Dhami, says 'both of us...'
Ahead of Diwali, Akshay Kumar donates Rs 10000000 in Ayodhya for...
Dhanteras 2024 Shubh Muhurat: Puja timings, vidhi and what to buy
Mukesh Ambani's company gets RBI approval, set to operate as an online...
Who is the richest kid of Mukesh Ambani and Nita Ambani? Is it Akash, Isha or Anant? Know here
Watch: Amazon Alexa launches Diwali rocket, viral video stuns internet
Dimple Kapadia reacts to being social media savvy like Zeenat Aman: 'If I’ll ever be....'
Amid affair rumours with Abhishek Bachchan, Nimrat Kaur requests everyone to...
Rising Trends In Fertility Due To Environmental Pollution
Andrew Spira's New Book: A Guide To Entrepreneurial Resilience
What Makes Furniture Truly Cosy?
Delhi NCR news: Delhi Police, NCB bust meth lab in Noida, 5 arrested
Good news for Gautam Adani on Dhanteras 2024, his flagship company's profit jumps to Rs...
IND vs NZ: Star bowler called up to India’s squad for 3rd Test, likely to make debut in Mumbai
Meet woman, who cracked UPSC exam on her first attempt at age 23, to become...
Amid Aishwarya Rai-Abhishek Bachchan divorce rumours, know what 'grey divorce' means
IND vs NZ: India’s another landmark record at stake in Mumbai Test vs New Zealand
Who is Sheikh Naim Qassem, the new chief of Lebanon's Hezbollah?
PM Modi launches health cover for senior citizens; know eligibility, how to apply here
Chhoti Diwali 2024: Know significance of celebration, shubh muhurat, rituals and more
College student jumps from 4th floor of hostel thinking he had...
'Not Saint, Sadhu or...': Jaya Kishori hits back at trolls slamming her for Dior bag
Aishwarya Rai’s remark on divorce plans with Abhishek Bachchan goes viral: ‘We don’t even…’
Sunita Williams sends Diwali wishes from space, here's what she said; watch
Diwali 2024 long weekend: Banks to remain closed for four days in THESE states, full list here
'Monopoly Bachao Syndicate': LoP Rahul Gandhi alleges 'nexus' among Adani Group, BJP and...
Good news for Indians, Russia to offer visa-free travel by...
Big trouble for Gautam Adani, SEBI slaps show-cause notice to Adani Power, shares price fall by...
Two killed, several injured in Metro construction site accident in Patna, probe underway
Mukesh Ambani's BIG Diwali gift, JioFinance app will now let you buy gold for just Rs...
Mukesh Ambani's JioSaavn's festive offer: 3-month subscription for just Rs...
Baba Siddique's son Zeeshan Siddique gets threat message; accused held from Noida
J-K attack: Army dog 'Phantom' dies in anti-terror operation, honoured for sacrifice
Glenn Maxwell reveals Virat Kohli blocked him on Instagram after...
Mukesh Ambani's Diwali gift to Reliance employees is a box of..., watch viral video
Fashion designer Ratul Sood passes away playing golf in Kolkata
UP govt announces big gift ahead of Diwali, all employees of THIS department to be made permanent
How can AI, ML skills help sharpen problem-solving abilities in children?
Kerala: Over 150 injured, 8 critical, in fireworks accident during temple festival
Ratan Tata's Rs 10,000 crore Will: Who gets what? Here's all the details
Delhi-NCR AQI today: Delhi air quality remains 'very poor' ahead of Diwali despite firecracker ban
Ex-Pakistani cricketer takes brutal dig at Rohit Sharma, calls India 'Kagaz se sher aur...'
Is stock market open or closed on Dhanteras? Know details here
Kunal Kamra accepts Bhavish Aggarwal's 'join Ola' offer, has THESE demands
Education ALERT: Avoid these courses at all costs, no job guarantees
Salman Khan can’t take his eyes off Aishwarya Rai in viral video, fans say ‘inki shaadi hoti toh…’
Ahead of Diwali and Chhath Puja, Railways to run 250 special trains from today: Check full list
Israel passes law banning UNRWA operations in country: What does that mean?
Happy Dhanteras 2024: Wishes, WhatsApp messages, quotes, greetings to share with your loved ones
Delhi traffic advisory issued for ‘Run For Unity’ today, check list of routes to avoid here
Amazon Great Indian Festival Sale 2024 ends today, don't miss these fantastic deals