Mysuru: Reacting to the coalition budget, Mysuru Chamber of Commerce and Industry (MCCI) President A.S.Sathish said that at the outset, it seems that Agriculture has dominated the Budget. However, the budget has also focussed on Industrial sector, with some measures for boosting the sector, which include more involvement of KIADB and KSIDC in the promotion of Industries.
Welcoming the government’s move of making Mysuru an IC chips manufacturing hub, Sathish said that this will help in creation of jobs. He, however, said that the hike in cess on petrol and diesel and vehicle tax will hit the industrial sector as well as the tourism sector to some extent.
