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SAIL Chairperson Mrs. Soma Mondal reacts to Union budget

Steel Authority of India Limited (SAIL) Chairperson, Mrs Soma Mondal has expressed her views on the Budget for 2021-22. She said that the budget has put emphasis on accelerating the growth momentum of the country by targeting infrastructural growth including road, rails, urban, power, ports, shippin

By Whispers in the Corridors 1 min read
SAIL Chairperson Mrs. Soma Mondal reacts to Union budget

Steel Authority of India Limited (SAIL) Chairperson, Mrs Soma Mondal has expressed her views on the Budget for 2021-22. She said that the budget has put emphasis on accelerating the growth momentum of the country by targeting infrastructural growth including road, rails, urban, power, ports, shipping etc. The National Infrastructure Pipeline (NIP) incorporates 500 more new projects. The creation of the Development Financial Institution will help address the funds requirements of different agencies. The announcement of Production Linked Incentive Scheme, Vehicle Scrapping Policy, coverage of 1 crore more families under Ujjwala Yojana etc. will boost domestic production. All these measures and thrust on infra development will have a major positive impact on the demand for steel in the long run.

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