Budget Should Provide Funds For Infra To Drive Growth: Survey

A survey has said that the Union Budget for the next fiscal (2016-17), to be presented on February 29 by Finance Minister Arun Jaitley, should earmark enough funds for investing in infrastructure which will drive growth.

Budget Should Provide Funds For Infra To Drive Growth: Survey

Commenting on the issue, Noida-based LocalCircles said, "Citizens want the Union Budget to drive economic growth via infrastructure investment, with 54 per cent favouring investment in roads and highways."

About 200,000 citizens across the country participated in the online survey where information was invited from verified respondents.

In terms of priority, the citizen's wish-list varied from personal benefits through tax exemptions, incentives and concessions to key sectors of the economy.

The budget, an annual financial statement of the central government, is presented in parliament on the last working day of February as a finance bill and an appropriation bill for approval by lawmakers of the Lok Sabha and Rajya Sabha.

Read more about: union budget 2016
Story first published: Monday, February 22, 2016, 12:30 [IST]
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