PANAJI: While welcoming the union Interim budget 2024-25, the Goa Chamber of Commerce & Industry (GCCI) is hopeful that the extended central loan scheme for infrastructure development will give a major boost to tourism sector in Goa.
The GCCI office bearers was reacting to the Union Interim Budget 2024-25.
“We are happy that some of suggestions recommend by GCCI have been extended like extended the scheme for start up for 1 more year,” said GCCI President Shrinivas Dempo.
He further said that loans for state government to complete for state government to pursue their reforms in infra is an another excellent achievement.
“GCCI welcomes the flexibility brought into payments of tax demands for lower and middle income group,” he added.
Dempo also the budget has provided great opportunity for Goa’s tourism sector.
“We can take the advantage of the schemes. We are at the bright spot,” he added
The GCCI that the infrastructure reforms has to continue, if Goa has to develop. The GCCI has welcomed the Union Budget,” he added
The GCCI office bearers also said that it supports of no changes announced in the tax slabs in both the old and new regimes.
TTAG President Nilesh Shah said that he hopes Goa govt takes advantage of the loan scheme announced in the budget and complete various tourism projects.
Calling innovation the “foundation of development”, Finance Minister Sitharaman said, “A corpus of ₹1 lakh crore will be established with 50-year interest free loan provided.
She said that the corpus will provide long-term financing or re-financing with long tenors and low or nil interest rates. This will encourage the private sector to scale up research and innovation significantly in sunrise domains.”