Hindustan Chamber Commerce welcomes in particular, the following announcements:
Considerable reduction in deficit which will lead to better fiscal discipline and reduction in debt burden, paving way for lower interest outflow for the State.
Reduction of stamp duty for land registration – which will reduce the impact cost in real estate transactions, benefitting the middle class and lower middle class home buyers and small investors in real estate.
Metro connectivity for Coimbatore and Madurai and expansion of metro in city to ease logistics facility, faster movement of work force, industrial development and to decongest the city.
More allocation for school education coupled with ‘Namma School’ initiative will go a long way in educating the poor and downtrodden.
Upgradation of Government Schools, Libraries, Polytechnics and for establishment of Tamil Nadu World Innovation and Skill Training Hub.
Overall, it’s a forward looking Budget, keeping in mind all sections of the Society without compromising on the fiscal discipline.
