Budget Reactions: Power sector woes are not addressed, says IEEMA

The Union Budget proposals announced yesterday has belied the expectations of the domestic electrical equipment industry which was hoping for some corrective action from the Government to rev up the downward slide of the industry according to the Indian Electrical & Electronics Manufacturers’ Association (IEEMA).

March 17, 2012 / 13:31 IST

By Ramesh Chandak, President, IEEMA

The Union Budget proposals announced yesterday has belied the expectations of the domestic electrical equipment industry which was hoping for some corrective action from the Government to rev up the downward slide of the industry according to the Indian Electrical & Electronics Manufacturers

first published: Mar 17, 2012 01:28 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347