The Karnataka Chamber of Commerce and Industry (KCCI), Hubli, has described the budget presented by Chief Minister D.V. Sadananda Gowda as “pro-development”.
In a release issued here, KCCI president N.P. Javali, vice presidents Vasanth Ladwa, Andanappa Sajjanar and Mahendra Ladhad, and honorary secretary Vishwanath Ginimav said several proposals put forward by KCCI during the pre-budget interaction had been considered by the Chief Minister.
“Power supply to irrigation pump sets, fertilizer and farm equipment at affordable prices and interest-free agricultural loan will benefit farmers.'
“Establishment of a maize park at Ranebennur and toor park in Gulbarga will boost the agricultural sector,” the office-bearers said.
They welcomed the decision to reduce taxes on diesel, jewellery, readymade garments, ready-to-eat chapatti, dry chillies, surgical footwear and Braille watches, among others, making them cheaper.
However, the meagre allocation for infrastructure development was a disappointment, they said. Besides, additional funds for development work in Hubli and Dharwad had found no mention in the budget, they pointed out.