The 2024 budget received praise from Amarendu Prakash, Chairman of Steel Authority of India Limited (SAIL), for maintaining robust capital expenditure on infrastructure. Prakash highlighted the government’s focus on urban housing, rural infrastructure, road connectivity, and economic corridors as key drivers of domestic steel consumption and economic growth. He emphasized that these initiatives will benefit multiple sectors, ensuring sustained demand for steel products. Industry stakeholders echoed Prakash’s sentiments, noting that the budget’s infrastructure thrust is crucial for economic recovery and growth.
SAIL Chairman praises Budget’s focus on infrastructure Focus
