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Construction : Budget | March 2012 | Source : Construction Update

Pre-Budget Qutoes

Mahesh, Proprietor, Maruti Enterprises
In budget more funds should be allocated for the development of infrastructure projects like National Highways, ROBs , State Highways, Ports etc.

Saket, Sr. Manager, Transstroy India Limited
Earlier infrastructure development business was new in India and not much competition was in the market. Now last 2 years there is huge competition in the market and this is helping government to reduce the cost, on the other hand, most of the projects are going on BOT basis which assures the quality of work without any investment, as competition is more, VGF required to be provided by government is reducing plus many projects of those are going on premium, this is adding income to Govt. Therefore to continue this competition govt. should provide loans at lower interest rates.

Ramachandran, Proprietor, Maestro Enterprises
Excise duty may get raised, so price of cement, steel may increase.

Suman Gupta, Asst. Manager, Hindusthan National Glass & Industries Ltd
Expect to increase spending on Road, Infrastructure & will result boom in cement & other related industry.
 
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