Poll reveals industry worried about job creation
ECONOMY & POLICY

Poll reveals industry worried about job creation

Construction World and First Construction Council conducted a webinar on February 2 with industry leaders and analysts on their analyses of the Union Budget 2021-22. The 90-minute session was moderated by Construction World’s Editor-in-Chief Pratap Padode.

The panelists were:

Deepto Roy, Partner, Shardul Amarchand Mangaldas & Co
Dip Kishore Sen, Director, L&T
Hemal Mehta, Partner, Deloitte India
Pradeep Singh, former Vice Chairman & MD, IDFC Projects
Sandeep Singh, MD, Tata Hitachi
Sumit Banerjee, former MD & CEO, ACC

The discussion saw interesting takes and insights on real estate, cement, steel and construction equipment industries with respect to the Union Budget 2021-22. The speakers decoded what the budget will allow in terms of funding and implementation of promised projects.

A live, online, in-house poll conducted during the webinar delved into some important questions regarding the budget.

Here is a graphical snapshot of the webinar poll results:

The first question asked the attendees what they were most worried about in the current times. Interestingly, 68% of respondents were worried about job creation in the wake of the recent pandemic. While 38% votes went to public spending and investment, and finance and loans. Followed by 30% for GDP growth and 32% for demand.

How satisfactory did the attendees find the budget? Results showed that 42% of the respondents were satisfied with the budget 2021-22. While 28% said they were somewhat satisfied and 22% believed that the budget could have been better. Whereas 8% of respondents were not satisfied with the budget.

Which sector, in their opinion, received the greatest attention after healthcare? Results indicated that 75% of the respondents thought it was infrastructure. While 12% voted for agriculture, followed by 8% for MSMEs and 5% for manufacturing.

Also Read: Budget 2021-22 for infra and construction: A snapshot
Also Read: Govt reveals core sector growth rates
Also Read: An Infra-Nirbhar Budget
Also Read: Infrastructure to boost employment

Construction World and First Construction Council conducted a webinar on February 2 with industry leaders and analysts on their analyses of the Union Budget 2021-22. The 90-minute session was moderated by Construction World’s Editor-in-Chief Pratap Padode. The panelists were: Deepto Roy, Partner, Shardul Amarchand Mangaldas & Co Dip Kishore Sen, Director, L&T Hemal Mehta, Partner, Deloitte India Pradeep Singh, former Vice Chairman & MD, IDFC Projects Sandeep Singh, MD, Tata Hitachi Sumit Banerjee, former MD & CEO, ACC The discussion saw interesting takes and insights on real estate, cement, steel and construction equipment industries with respect to the Union Budget 2021-22. The speakers decoded what the budget will allow in terms of funding and implementation of promised projects. A live, online, in-house poll conducted during the webinar delved into some important questions regarding the budget. Here is a graphical snapshot of the webinar poll results: The first question asked the attendees what they were most worried about in the current times. Interestingly, 68% of respondents were worried about job creation in the wake of the recent pandemic. While 38% votes went to public spending and investment, and finance and loans. Followed by 30% for GDP growth and 32% for demand. How satisfactory did the attendees find the budget? Results showed that 42% of the respondents were satisfied with the budget 2021-22. While 28% said they were somewhat satisfied and 22% believed that the budget could have been better. Whereas 8% of respondents were not satisfied with the budget. Which sector, in their opinion, received the greatest attention after healthcare? Results indicated that 75% of the respondents thought it was infrastructure. While 12% voted for agriculture, followed by 8% for MSMEs and 5% for manufacturing. Also Read: Budget 2021-22 for infra and construction: A snapshot Also Read: Govt reveals core sector growth rates Also Read: An Infra-Nirbhar Budget Also Read: Infrastructure to boost employment

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Next Story
Building Material

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Next Story
Building Material

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App