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(From left) Venu Srinivasan, Sunil Kant Munjal, Ajay S. Shriram at the book launch of Munjal's book 'The Making of HERO' in New Delhi (Photo: @makingofhero on Twitter)
(From left) Venu Srinivasan, Sunil Kant Munjal, Ajay S. Shriram at the book launch of Munjal's book 'The Making of HERO' in New Delhi (Photo: @makingofhero on Twitter)

Budget 2020: India Inc makes a case for job creation, higher infra spending

  • Three business leaders discussed their Budget wishlist at the launch of Sunil Kant Munjal's book
  • Munjal said he would like the government to spend more on the infrastructure sector

New Delhi: At a book launch on Monday in New Delhi, corporate leaders spoke about their Budget wishlist, which includes job creation besides enhanced spending on infrastructure and policies for agricultural sector.

TVS Group Chairman Venu Srinivasan pitched for enhanced focus on job creation in the Budget next month.

Chairman and Senior Managing Director of DCM Shriram Ajay S. Shriram urged the government to focus on agriculture sector, while Hero Enterprise Chairman Sunil Kant Munjal stressed on enhancing spending on infrastructure. The three titans of India Inc were speaking at the launch of the book 'The Making of HERO' written by Munjal, which was unveiled by former PM Manmohan Singh.

"I hope in this budget there should be a focus towards taking care of agriculture sector...which is suffering a lot somehow the policies are not moving in terms of governance in terms of coordinating with the states. I think a GST kind of a body is required to get all agri ministers involved to take joint decisions for implementation...," Shriram was quoted by news agency PTI.

Munjal said he would like the government to spend more on the infrastructure sector.

"I would like to see slippage in fiscal deficit and that slippage going towards seriously benefitting infrastructure sector," he noted.

"By its very nature business is capitalist and family is socialist. Nation-building is as important as running our individual businesses," Munjal said at the book launch.

Venu Srinivasan highlighted how the fundamentals of a family run business focus on the longevity of the business, not personal consumption.

The Union Budget for 2020-21 will be presented 1 February.

With inputs from PTI

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