The Madras Chamber of Commerce & Industry commented that, on expected lines, being an Interim “bridge” budget, there were no great surprises nor disappointments.
 
The excise rate cuts announced, though has come a bit late, will provide some respite to the manufacturing sector, more particularly, the automobile sector which is reeling under great pressure.
 
Chennai  
17th February 2014  

T.Shivaraman
President
January 2020
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