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Union Budget 2022 is forward looking, inclusive and progressive: Dipen Agrawal

Dipen Agrawal, President, CAMIT

Dipen Agrawal, President, CAMIT

Dr Dipen Agarwal, President, CAMIT (Chamber of Association of Maharashtra Industry and Trade), on Tuesday hailed the Union Budget 2022 presented by Finance Minister Nirmala Sitharaman while calling it forward looking, inclusive and progressive.

Here are some of the points Agrawal highlighted about the Union Budget 2022:

– A forward looking budget with emphasis on trust based governance to build Atmanirbhar Bharat, which is both inclusive and progressive. It reposes faith in taxpayers, entrepreneurs and investors.

– Thrust on digitization of education and healthcare, as the global pandemic forced the closure of educational institutions which led to a huge loss of learning for students in rural areas particularly.

– The government’s decision to launch Digital DESH e-portal and setting up of Digital University to provide access to students for world-class quality education with ISTE standards and the decision to create an open platform for the National Digital Health Eco system and announcement of National Telemental Health Programme, which includes 23 National Telemental Health Centers with NIMHANS serving as nodal centre and IIIT Banglore providing technical support is welcome.

– The use of high technology Kisan Drone as well as battery swapping will result as E growth engines for both agri based and service based economies.

– The introduction of Central Digital currency using blockchain and other experimental technologies is forward looking.

– Budget 2022-2023 presented a high fiscal deficit of 6.4% of GDP for the financial year 2023 which is more than expected. It has finely balanced fiscal retreat with supporting economic recovery, focusing on strategy of driving capital expenditure to drive growth, with the intension of crowding in private investment through higher public spending. While elevated market borrowings are likely to pressurize bond yields, inclusion of green bonds in the borrowings plan is an interesting innovation.

– PLI scheme will help getting fresh investment of 30 lakh Cr. and new jobs of 60 lakhs is pretty ambitious.

– Design led manufacturing for 5G ecosystem as part of PLI Scheme and measures for setting up a strong 5G infrastructure is promising and has huge potential for growth in the telecom sector.

– Some prudent initiatives for MSMEs and Startups has been taken. The Tax concession period has been extended by one more year which is a positive move and 15% tax has been decided for such newly incorporated manufacturing units, The period of incorporation has been increased by one year to 31.03.2024. This shall boost entrepreneurship and manufacturing activities. Focus on ?ease of doing business is a great step, as it will further promote entrepreneurship in the economy.

– To strengthen the supply chain ecosystem creation of unified logistics platform and developments of 100 new cargo terminals in the next 3 years is a significant step. FM has reiterated her commitment towards housing for all by allocating 48k Cr towards this scheme same as last year. The Government could have done more to have given a boost to the housing sector given the strong multiplier effect the sector has on the economy.

– Government deciding to extend the ECGL scheme for hospitality sector with an increased cover of 50000/- taking the total to 5lakhs Cr. is appreciated as hospitality sector as compared to the Small & Medium Sector are yet to bounce back and recover from their losses and are struggling for survival.

– Spending Rs 2.37 lakh crore towards MSP for procurement of wheat and paddy is as per expectation.

– A fund with blended capital raised under co-investment model facilitated through NABARD to finance startups in agriculture & rural enterprises for farm produce value chain is a welcome step.

– Middle Class people are disappointed as Income Tax exemptions limit was expected to have increased to 5lakhs and above but it did not happen. Traders are disappointed as it was expected that FM would keep companies, Partnership and proprietorship firms in the same Tax Slabs.

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Anvi, Arav, Shaunak, Anavti emerge as champions at District Chess Championship in Nagpur

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Radhika Dhawad | Nagpur

Chess Association Nagpur had organised Nagpur District Under 9 and Under 17 Open as well as Girls Chess Championship Tournament in association with GH Raisoni Sports and Cultural Foundation and Kalpana Prakash Welfare foundation.

Under the Aegis of Maharashtra Chess Association held on Saturday, May 21 at Shraddha House, the prize distribution function was also held on the same day by Bhushan Shriwas, Secretary, Chess Association Nagpur. Earlier, the tournament was inaugurated by SS Soman (Working President CAN and Member MCA tournament Committee).

Tournament was executed by Chief Arbiter Pravin Thakare who was assisted by Deputy Arbiter Shiva Iyer, Prayas Ambade and Prathamesh Machave.

List of Selected players :

Under-9 Boys

1)  Arav Dhoot

2) Chirag Lahoti

Under-9 Girls

1) Anvi Vinit Hirde

2) Chaudhari Amulyaa

Under-17 Boys

1) Shaunak Badole

2) Dishank Bajaj

Under-17 Girls

1) Avanti Junghare

2) Shraddha Bajaj

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CAMIT delegation meets Devendra Fadnavis, thanks him for support to tenants across Maharashtra

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Nation Next Newsroom | Nagpur

CAMIT delegation during its meeting with Leader of Opposition Devendra Fadnavis

CAMIT delegation during the meeting with Leader of Opposition Devendra Fadnavis

A delegation of Chamber of Associations of Maharashtra Industry & Trade (CAMIT) led by Chairman Mohan Gurnani and President Dr Dipen Agrawal recently met Devendra Fandnavis, Leader of Opposition, Maharashtra Legislative Assembly, to express gratitude for firmly standing with galedharak/tenants of municipal corporations across the state.

Expressing gratitude on behalf of tenants from Maharashtra, Dr Agrawal said that in 2019 injustice was inadvertently done to leasee/tenants of respective municipal corporations across the state. CAMIT had strongly protested the draft rules in 2019. Thereafter, CAMIT has been actively engaging with government and administration at all levels to bring relief to the small and marginal traders from the unilateral exorbitant increase in rent.

Over a period of times, CAMIT team met MP Krupal Tumane, Fadnavis, Transport Minister Anil Parab, Environment Minister Aditya Thackeray, Urban Development Minister Eknath Shinde, Nana Padole (the then speaker of Maharashtra State Legislative Assembly) and others to impress upon them to intervene in the matter so as to do justice with all stake holders.

CAMIT’s patient follow-up without missing any opportunity to highlight the issue before men in power, has borne fruits. In the budget session the house concluded to withdraw the notification dated 13/09/2019 and constitute a committee to review and fix the rent afresh. It was also decided that corporations will collect rent as per old rates with an undertaking from tenants that they shall pay the difference as decided by the committee, added Dr Agrawal.

CAMIT delegation requested Fadnavis to ensure that the authorities immediately issue necessary written guidance/directions to all municipal corporations to put in abeyance coercive action against the tenants who have paid or are ready to pay the rent as per old rates. The delegation also requested him to impress upon government to include minimum five representatives of trade associations across the state in the proposed committee to be constituted to study, review and fix the lease rent.

Fadnavis said that opposition is committed to the cause of traders and any injustice meted out to small and marginal traders who are struggling for their survival will be dealt with very strongly. He also welcomed the announcement in the assembly session by Eknath Shinde in regards to withdrawal of 13th September 2019 GR and fixation of rent of corporation shops around 1-2% of the ready reckoner price.

During the meeting, Hemant Parekh, Rikab Mehta, Mitesh Modi, Sandeep Jain and Mahendra Mehta were also prominently present. CAMIT has also sent letter of gratitude to Chief Minister Uddhav Thackeray and Eknath Shinde for their timely intervention and resolution of the issue.

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CAMIT delegation meets Aditya Thackeray in Nagpur, raise problems faced by Maharashtra traders

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Nation Next Newsroom | Nagpur

CAMIT delegation during its meet with Maharashtra  Cabinet Minister Aditya Thackeray

CAMIT delegation during its meet with Maharashtra Cabinet Minister Aditya Thackeray

A delegation of Chamber of Associations of Maharashtra Industry & Trade (CAMIT) led by Dr Dipen Agrawal President along with MP Krupal Tumane met Maharashtra Cabinet Minister for Tourism Aditya Thackeray and Environment during his two-day maiden visit to Vidarbha in the presence of Nagpur Guardian Minister Dr Nitin Raut, MLA Ashish Jaiswal and MLC Dushyant Chaturvedi.

At the outset, Agrawal welcomed Aditya Thackeray with a floral bouquet and submitted memorandums highlighting the exorbitant hike in rent by corporations and their coercive action , harassment by local body tax department across the state under the garb of assessment and reopening of coaching classes in offline mode.

Wahab Parekh and Sanjay Nabira from NMC Market Federation said that unilateral steep increase in rent by municipal corporations for their bazar samiti properties is ranging between 100 to 1000 times and in some cases more than 1000 times. On failure of tenant to concede to this unilateral decision, authorities are taking coercive steps. This is adversely affecting the small and marginal traders already facing the heat of frequent lockdowns and restrictions due to covid pandemic.

Ashok Ahuja, past president of General Merchant Association, informed Thackeray that the then State Government had published draft regulations for transferring corporation property by lease or otherwise and renewal of lease. More than thousand objections and suggestions were submitted to UDD-2 from all over the state including from CAMIT with a request to give personal hearing in the matter. The administration without giving opportunity of hearing to anyone, notified the Maharashtra Municipal Corporations (Renewal of Lease or Transfer of Immovable Property) Rules, 2019 under notification dated 13/09/2019.

Dr Dipen Agrawal on behalf of galadharek across the state requested Aditya Thackeray to intervene and suspend the notification dated 13-09-2019 and suggested 1) in cases where only land is leased/licensed by Corporation the annual rent should be fixed at 1% of value as per ready reckoner; 2) in cases where shop/otta is leased/licensed by Corporation the annual rent be fixed at the rate of 2% of value of construction plus 1% of value of proportionate land as per ready reckoner; 3) 10% increase in lease rent/license fee every 3rd year; 4) Agreement should be valid for 30 years term; 5) the lease / license should be transferable and transfer fee to be charged equal to one month rent/fee for transfer within blood relation and equal to three months rent/fee for transfer outside blood relation and 6) the agreed new lease rent/license fee to be made applicable prospectively and not retrospectively.

Rajnikant Bondre President Association of Coaching Institute (ACI) and Sarang Upanglawar ICAD said that schools from class 1st to 12th and colleges have been permitted to reopen in offline mode from February 1, 2022 and at the same time coaching classes/institutes are kept close. The exam dates have been announced by education department. The guidance imparted our institutes in form of revision, doubt clearing and one to one interaction with faculty in this last month is crucial for the future for the students. This last month guidance can be effective only in offline mode. Further they highlighted that national level competitive exams like JEE, NEET, CA, CS etc., are also at doorsteps for which coaching classes is theonly option available for students. Hence, they requested to permit coaching classes to operate in off-line mode with immediate effect in the larger interest of future of our state, the students.

Aditya Thackeray and Dr Nitin Raut informed that the matter is expected to be discussed in next cabinet and suitable decision will be taken shortly. They further added that due relief to coaching classes will be extended.

Sanjay K Agrawal Vice President CAMIT and Ashok Sanghvi, President of General Merchant Association, on behalf of traders of Maharashtra expressed their gratitude towards SenaPramukh Uddhav Thackeray for extending his support to traders during their then agitation against Local Body Tax (LBT) and virtually abolishing LBT with effect from August 2015. Though practically LBT was abolished in 2015 but the ghost of LBT is hounding traders now and then, department in routine are passing ex-party (best judgement) orders raising inflated and fictitious tax demands and using them to justify continuance of LBT Department. Records from LBT Appellate Authority will evidence the correctness of our statement. They also informed that LBT Department in various Corporation indulged in issuing back dated assessment orders for previous financial years. The issue requires your attention, intervention and directions for closure of LBT Department in all Municipal Corporations with immediate effect to ensure ease of doing business in the state.

Aditya Thackeray admitted that he has received a mail from CAMIT on this issue and he is in knowing of the issue. He further said that similar representations have been received from other trade associations. He will discuss the issue with Nitin Raut, Energy Minister and KrupalTumane, Member of Parliament, and ensure that the issue is addressed.

Also present during the meeting were Prajakta Verma, Nagpur Divisional Commissioner, Nagpur collector Vimala R and NMC Commissioner Radhakishan B.

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