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GUWAHATI: Federation of Industry and Commerce of North Eastern Region (FINER) and Federation of Indian Chambers of Commerce and Industry (Ficci), hailed the Budget, saying the government had not raised any new taxes despite the pandemic, which is commendable, and shows that it was focused on growth.
FINER president Pabitra Buragohain said, “The government has not raised spending by tax collection. The government has chalked out a spending programme, which is focused on capital expenditure, which will spur growth. An allocation of 7% of the budget on capex is a lot, and will ensure the government gets a good return on this expenditure going forward, which will speed up the dream of a $5-trillion economy. Despite a pandemic,” Buragohain said in a statement, adding that Budget will open up new avenues of employment in Assam, particularly in health, education, agriculture and logistics sectors.