Not too happy with Budget 2017

  • Industry News
  • Feb 02,17
Not too happy with Budget 2017

Not everybody is happy with the budget provisions. Well, that’s how it is, win some, lose some!

“Indian Wind Turbine Manufacturers Association (IWTMA) would like to welcome the budget presented by the honorable Finance Minister Mr Arun Jaitely. As a professional stakeholder body, we are not too happy with the budget 2017 as there is nothing concrete on the renewable energy sector, considering it is one of the growing sectors in the country. The government has completely overlooked the wind energy division. The sector is in a developing phase and needs attention from the government as we are facing various issues. Service tax could have been rationalized and at least some state level reforms and policies should have been introduced that could have helped us in our road plan for the goal of achieving 60 GW by 2022,” said Mr Sarvesh Kumar, Chairman, Indian Wind Turbine Manufacturers Association (IWTMA) post the Budget 2017.

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