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Auto Budget 2016: We were expecting an announcement of the scrappage policy, says FADA

K V S Prakash Rao, President, Federation of Automobile Dealers Association (FADA) speaks about the 2016 Auto Budget<br />

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Overdrive|Mar 01, 2016, 15:45:04 IST

The renewed thrust on agricultural and rural sectors as well as infrastructure development and higher allocations under these heads in the Union Budget will create more opportunities of employment, especially for the rural people, thereby helping revive rural demand, which has been under severe stress for the past two years due to uncertainty facing rural economy because of deficient, erratic rains.

A total investment Rs. 97,000 crore has been proposed for the road sector, including PMGSY allocation, during 2016-17. The expansion and...

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First Published:Mar 01, 2016, 15:45:04 IST
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