Budget will boost rural India
01 February 2017
Prakash Chhabria, executive chairman, Finolex Industries
''Budget 2017 has rightly provided the much-needed focus on farmers and affordable housing. Good initiatives like increased fund corpus with NABARD, higher availability of credit to farmers, affordable housing getting infrastructure status, refinancing by National Housing Board, construction of 1 crore houses for the homeless, an augmentation in sanitation coverage and provision for safe drinking water in villages, higher spending on infrastructure and in rural areas, will give the requisite boost to the economic activity in irrigation for farming and housing.
Even as a business, these initiatives will bring about great impetus in demand for the pipes vertical at Finolex Industries Limited.''