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Mixed reactions to Union Budget in Erode Updated: Updated: Industrialists say their expectation has not been met Share Article Industrialists say their expectation has not been met The Union Budget presented on Monday evoked mixed response from the people and industrialists as they said it failed to fulfil their expectations. B. Kandavel, coordinator, Tamil Nadu Federation of Powerlooms’ Associations, said that they were against imposition of anti-dumping duty on viscose spun yarn and were expecting the announcement in the budget. “But instead, Basic Customs Duty on nylon fiber and yarn was reduced to 5% which will not serve any purpose to us”, he added. ....