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Pranab's 20% iron ore export duty right step: Tata Steel

B Muthuraman, Non-Exec VC, Tata Steel, in an interview on CNBC-TV18 gave his views on how he read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12.

February 28, 2011 / 17:06 IST

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B Muthuraman, Non-Exec VC, Tata Steel, in an interview on CNBC-TV18 gave his views on how he read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12.

Below is a verbatim transcript. For complete details watch accompanying video.

Q: The steel lobby has won this round because now there is a 20% tax as far as iron ore exports are concerned. You should be a happy man?

A: I am smiling not because it

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first published: Feb 28, 2011 03:00 pm

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