TN budget should focus on Covid stressed sectors: CII

C K Ranganathan

Chennai: The Confederation of Indian Industry (CII) has urged the Tamilnadu government to give priority focus for the Covid affected sectors including MSMEs, retail, hospitality, tourism, textiles, besides facilitating investments in the southern districts in the Budget to be presented on 13 August.

C K Ranganathan, chairman, CII Southern Region, said CII will work towards achieving Tamilnadu Chief Minister’s Vision of increasing the State’s Gross Domestic Product to USD 1 lakh crore by 2030 and make Tamilnadu as the ‘investment favourite destination’ in South Asia.

CII Tamilnadu chairman Dr S Chandrakumar said Covid has deeply impacted demand across many sectors. The budget should facilitate in the creation of demand for stressed sector for a quick revival of economy.

The budget should also have specific measures to boost investment in the central and southern districts of Tamilnadu to ensure equitable growth and employment generation, he said.

 

NT Bureau