Focus on job creation is laudable

Mr. Kumar Mangalam Birla
Business Standard
1 March 2005

The finance minister has presented an outstanding Budget. I see India climbing the IT services value chain and from the back office of the world, I see our country becoming the knowledge centre of the world given that the finance minister has announced seven million new IT jobs being c;reated in the forseeable future.

I commend the plan to use forex resources for infrastructure development and the move to set up an SPV to channel funds into infrastructure.

The focus on employment and the proposal to generate 2.5 lakh additional jobs in food processing, 1.2 crore jobs in textiles, 7 million jobs in IT and several lakh jobs in construction, is laudable.

(The writer is Chairman of the Aditya Birla Group)

Other publications with Mr. Kumar Mangalam Birla's views on India Budget 2005-06:

• The Economic
• Times Financial Express
• The Times of India
• The Hindu Business Line