New Delhi: The government is constantly on target due to the slowdown in the country. The industry is in bad shape due to the recession. Many companies have stopped their production. Due to which the jobs are being negatively affected. There is a lot of pressure on the government. The Finance Minister made several big announcements yesterday, ie on Saturday. Industry organizations have welcomed these government announcements. Industry organizations have praised the announcement of a relief package of Rs 70 thousand crores for the export and real estate sector.
The industry said the government's announcement was in line with their expectations. CII Director General Chandrajit Banerjee said in a statement, 'The Finance Minister's announcement is detailed and it will provide the necessary support to the economy in the near future. They have announced relief to two areas struggling with difficulties. The Federation of All India Traders (CAT), an association of retail traders, said that the relief given by the Finance Minister would ensure rapid improvement in the export and housing sectors.
Assocham also praised the announcement of a new installment of relief by the Finance Minister. Assocham President BK Goenka said that this announcement of the help of exporters would prove to be far-reaching in making them globally competitive. Mayank Jalan, President of the Indian Chamber of Commerce, said that these steps of relief will create employment opportunities in the near future. He also hoped for similar relief for the vehicle sector.
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