Shri Namit Bajoria, President, MCCI lauded the proposed 4% West Bengal Budget for 2024-25
Shri Namit Bajoria, President, Merchants’ Chamber of Commerce & Industry lauded the proposed 4% interest subvention scheme for small and medium enterprises. This intervention was proposed by the West Bengal Budget for 2024-25.
He also appreciated the State Government’s efforts at increasing bank credit to the SME sector in the State. Shri Bajoria said the Government’s move to improve transport infrastructure by building two river bridges and a long flyover and 6 logistic corridors across the state with Asian Development Bank support was in the right direction for economic and industrial growth.
He pointed out that the waiver of penalty and interest as a dispute redressal step would go a long way in resolving the long-standing issue of luxury tax for the hotel industry.
(This story has not been edited by News Mania staff and is published from a Media Release)
