CNCI optimistic of conducive environment for business with Mini Budget 2015 concessions

Monday, 2 February 2015 00:24 -     - {{hitsCtrl.values.hits}}

Ceylon National Chamber of Industries (CNCI) Chairman Gamini Gunasekera stated in a press release that the Mini Budget presented by the new Government under its 100 day work program granted a heavy package of concessions to the public in common to ease out their life which in turn will help create a conducive business environment in the country. He highlighted that the price reduction of milk powder and essential consumer items, fuel and the domestic gas will definitely be a great relief to the people as a whole while the salary increase by Rs. 10,000 to the public sector employees will certainly be a motivating factor which would lead to strengthen the supportive and administrative base for the private sector to operate. The proposals to giving away of hand tractors to the farmers at concessionary rates, price increase of fresh milk, maintaining the fertiliser subsidy, waiving off 50% of the loans to be recovered from farmers and placing guaranteed prices for certain products will result in boosting the agricultural sector. This is an interim budget especially meant for catering to the long felt needs of the general public under the 100 day work program of the new Government which has basically been praised almost by everyone. We congratulate the Government for the progress of its 100 day work program as scheduled, Gunasekera added.