Anil V. Pillai, Director - Terragni Consulting

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Anil V. Pillai, Director - Terragni Consulting

February 2016

ON MANUFACTURING SECTOR

Significant budget impetus to the Skill India program.
Rationalization of power tariff structures for manufacturing industry.
Impetus for Mudra for SME and MSME working capital requirements
Labour reform timelines.
GST timelines to be announced or else in its absence centrally levied taxes to be rationalized. Higher fiscal encouragement for technology absorption, innovation and industry-academia research projects.

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