All said and done on improvement in fiscal deficits, employment, etc., the economy will improve only after favourable measures for increasing manufacturing base to an reasonable level. Also the industrial policies should be same for all states. Eg., In Gujarat, for increase in 50% capacity expansion, electricity duty benefits are given for 5 years. Whereas, this benefit is not there in Maharastra. Hence, all major industrial policies and incentives should be same in all the states for an comprehensive growth.
All said and done on improvement in fiscal deficits, employment, etc., the economy will improve only after favourable measures for increasing manufacturing base to an reasonable level. Also the industrial policies should be same for all states. Eg., In Gujarat, for increase in 50% capacity expansion, electricity duty benefits are given for 5 years. Whereas, this benefit is not there in Maharastra. Hence, all major industrial policies and incentives should be same in all the states for an comprehensive growth.
