HomeNewsBusinessBudgetBudget 2012: Positive for the infrastructure sector, says Essar Ports

Budget 2012: Positive for the infrastructure sector, says Essar Ports

The Budget is positive for the infrastructure sector. Some of the initiatives announced like doubling the limit for tax free Infrastructure bonds to Rs 60,000 crore, and exemptions in basic customs duty for thermal coal for power generation will be beneficial for the ports sector.

By Rajiv Agarwal, MD, Essar Ports

first published: Mar 17, 2012 09:52 am

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Budget 2012: Positive for the infrastructure sector, says Essar Ports

The Budget is positive for the infrastructure sector. Some of the initiatives announced like doubling the limit for tax free Infrastructure bonds to Rs 60,000 crore, and exemptions in basic customs duty for thermal coal for power generation will be beneficial for the ports sector.

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