Covid-hit automobile industry seeks revival measures from govt
The Federation of Automobile Dealers Association (FADA) has proposed a few recommendations for Budget 2022 to Finance Minister Nirmala Sitharaman.
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The Federation of Automobile Dealers Association (FADA) has proposed a few recommendations for Budget 2022 to Finance Minister Nirmala Sitharaman.
The Survey, which is tabled in Parliament by the Finance Minister ahead of the Union Budget, is being prepared by Principal Economic Advisor and other officials in absence of the Chief Economic Advisor (CEA), who traditionally is the main architect of the document.
It said that the export sector is facing major issues due to rising freight cost and its dependence on global shipping companies.
The budget session will start on January 31, with Finance Minister Nirmala Sitharaman presenting the annual budget on February 1.
Logistics must be a priority area considering its importance and associated benefits to other sectors, says Apollo International's Raaja Kanwar.