Tag: Steel consumption India

India’s Budget’26 decoded: Infra focus intact despite slight dip; non-ferrous BCD exemption aligns with net zero goals

Feb 11, 2025

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by

Neha TU

in Aluminium, Copper, CRC, HR Plate, HRC, Lead, Melting Scrap, Nickel, Non Ferrous, Zinc

Capex-to-GDP ratio has been maintained at around 5.5% No reduction in BCD on aluminium scrap, despite lobbying The Union Budget 2025-26, overall, had some positives with a pronounced focus on agriculture, MSME, investment and exports. It introduced personal tax relief measures aimed at boosting especially middle class consumer spending. Additionally, there were measures to support…