Budget 2013: 9 Sectors to be Impacted


2. Steel

Insufficiencies of raw materials have put the steel industry on its toes since last few years. Therefore it is much obvious for the steel industry to have expectations from the government to take corrective measures and quickly give clearance to environment and speedy forest programs. Also it will be beneficial for the industry it the government allowed the railways to expand their capacity of transportation as transportations via roadways are very much expensive.

3. Oil & Gas

The oil and gas sector of the country can show some new stats as the upstream and downstream companies would concentrate entirely on subsidy-sharing formula for distributing lower- recoveries. Also hike in the price of gas can tempt oil and gas giants to consider new experimentation to increase gas production in the country.

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