Surat: Allocation of Rs 1580 crore for textile under Gujarat budget is welcome: Chamber | Loktej Surat, Business News

Today, through the government of Finance Minister Kanubhai Desai Chief Minister Bhupendra Patel, Rs. 3.01 lakh crore has been announced which is 23 percent more than the previous year. Which shows how progressive Gujarat is and no new type of tax has been announced in the budget announcement and all sections of the society have been included in the budget, the chamber welcomes this budget. Southern Gujarat Chamber of Commerce & Industry President Himanshu Bodawala said.

A total of Rs 8589 crore has been allocated by the government under the industrial policy. Compared to last year’s budget of Rs. 1500 crores is more. Which is a very welcome announcement. Certainly, the announcement of this additional allocation will give further impetus to the industrial development of Gujarat. In today’s budget announcement, Rs. A provision of 1580 crore has been made. Further, Himanshu Bodawala said that South Gujarat being the textile hub, the textile industry of South Gujarat is likely to benefit greatly from the above allocation, if the claims of power subsidy are cleared under the Gujarat Textile Industry Policy 2019 Hope it gets disbursement soon.

In today’s budget, a provision of Rs 1500 crore has been made for the MSME sector, which also benefits South Gujarat. Because 48% of the total MSMEs in Gujarat are from South Gujarat. Under Smart City Rs. A provision of 547 crore has been made. Surat is also going to benefit a lot from it. As there are 6 smart cities in Gujarat, among them Surat is also a smart city. Surat Metro gets a total of Rs. 900 crores have been allocated. Due to which the development of metro will be very fast and the problem of transport in Surat will be solved. Rs. Rs 250 crore has been allocated, which will increase the water carrying capacity of Tapi and also enhance the beauty of Surat riverfront.

The government has made an additional provision of Rs 8617 crore in road and building as compared to last year. Hence the government has focused on the development of infrastructure in the state. So that the state and industries can develop at a rapid pace. The government has given an additional fund of Rs 8766 crore to the education department. In such a situation, skilled youth will be available for industries through mega IITs. This will give impetus to skill development. Apart from this, the government has increased the agriculture farmers’ welfare and cooperative department by Rs 13800 crore. That’s why the state government has paid enough attention to the development of the farmer brothers.

He further said that the overall budget is developmental and visionary and includes every section of the society and I welcome it on behalf of the Chamber. I thank Honorable Finance Minister Kanubhai Desai and Chief Minister Bhupendra Patel.

Vice President of the chamber Rameshbhai Vaghasia said that the government has made a provision of spending Rs 2 lakh crore during the next five years for green development, this will protect the environment in Gujarat and Gujarat will move towards green development. Based on the fact that the government has set a target of Rs 42 lakh crore to Gujarat’s GSDP in the next five years, we can say that the Gujarat government is serious about economic development and is actively working to achieve higher economic growth. Is working, I welcome such people A development announcement.