+
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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code