Director of Shyam Steel Industries Ltd. Lalit Beriwala Praises Union Budget 2024-25: Key Announcements on Steel and Copper Sector

Date:

Share:

Lalit Beriwala, a prominent figure in the steel and metals industry, commends the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman. True to the tradition of growth-driven and inclusive budgeting, this Budget stands out for its focus on four key areas: Annadata (Farmers), Garib (Poor), Yuva (Youth), and Mahilayen (Women). By advancing employment generation, skill enhancement, MSME growth, and middle-class economic strength, it sets a clear path toward inclusive economic progress.

The substantial allocation of Rs. 11,11,111 crore for infrastructure, along with Rs. 1.5 lakh crore in long-term interest-free loans to states, will invigorate key sectors such as steel, cement, and real estate, fostering job creation and sustained growth. The launch of Phase IV of PMGSY, investment in flood management and irrigation projects, and support for tourism development highlight the Budget’s commitment to both rural and urban advancement.

Additionally, the emphasis on innovative urban initiatives, support for tribal communities through the Pradhan Mantri Janajattiya Unnat Gram Abhiyan, and enhancements in MSME credit and tax structures reflect a forward-thinking approach to national development.

Lalit Beriwala is a prominent figure in the Indian steel industry, serving as the Director of Shyam Steel Industries Ltd. Shyam Steel, established in 1953, is one of the leading manufacturers of TMT bars in India. The company has a strong presence in the infrastructure sector, supplying high-quality steel products to various segments such as Indian Railways, Defence, and major construction projects.

Subscribe to our magazine

━ more like this

Women power was saluted in the honor of Kargil Vijay Diwas and Operation Sindoor

In honor of Kargil Vijay Diwas and Operation Sindoor, Sakman Bhagya Foundation and Magadh Production organized a memorable Nari Shakti Samman ceremony and a...

The Conclave Verde Presents the Indian Culinary Tour — A Celebration of Regional Indian Flavours

This July, The Conclave Verde, located at 2052, Chak Garia, Panchasayar, Kolkata – 700094, invites the city to experience the extraordinary variety of Indian cuisine with its Indian Culinary Tour, a specially...

Bengal Super League launched – promises to bring Professional Football to rural Bengal

The Bengal Super League (BSL) was officially launched today at a grand event held at The Lalit Great Eastern, Kolkata. The occasion was graced by...

এসে গেছে Ai+স্মার্টফোনযে ফোনটির জন্য আপামর ভারতবাসী অপেক্ষা করছিল

ভারতের ডিজিটাল ভবিষ্যতের জন্য এক যুগান্তকারী মুহূর্তে, NxtQuantum আজ Ai+ স্মার্টফোন চালু করেছে, যা ভারতের প্রথম সম্পূর্ণরূপে উন্নত স্মার্টফোন, যা একান্তভাবেইভারতে তৈরি, ভারতীয় পরিকাঠামোরউপর...

Suraksha Diagnostics unveils Eastern India’s largest & first state-of-the art genomics lab with a grand inauguration event

Suraksha Diagnostics, one of the leading diagnostics chains in Eastern India has launched one of the largest and a state-of-the-art genomics labs in Eastern...

LEAVE A REPLY

Please enter your comment!
Please enter your name here