Budget Expectations - Mr. B. Satish Kumar - Managing Director, Steel Exchange India Limited

1. What is your wish list for forthcoming Budget?

1. Reduction in excise duty for a 5 year period
2. Thrust on infrastructure development
3. Manufacturers to be allocated iron ore and coal on priority at linkage rates
4. Allocation of mines to manufacturers of steel
5. Reduce administrative delays in clearances

2. How do you see overall industry outlook going into FY14?
- Unless Govt takes infrastructure development on priority, it will be very difficult for all-round growth.

Source : Equity Bulls

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