Mumbai, Maharashtra, Feb 01, Praveena Rai, MD & CEO, MCX said today “The Union Budget 2025 reflects the Government’s vision for moving towrds a stronger and more resilient economy. MS Praveena Rai said, The focus on tax rationalization and people skilling will spur consumption and economic growth. We appreciate the Government’s commitment to enhance productivity in agriculture, support MSMEs, boost manufacturing and secure energy supplies.
She said, Specifically, the announcement made on removal of Basic Customs Duty on waste and scrap of metal commodities like Copper, Lead, Zinc and others has the potential to boost the circular economy, enhance raw material supplies and support domestic manufacturing.”