Vipin Sondhi, managing director and CEO, JCB India, speaks about the 2016 Auto Budget
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As we expected, rural India has a massive impetus to the turning of the wheels of the economy in the Union Budget for 2016-17. The budget has a massive rural thrust with a focus on farmers and specific to rural roads and irrigation. Since, only 46 per cent of farm land area is irrigated; it leads to vagaries of the monsoon and hence the focus. Another major impetus is the 100 per cent electrification of villages by 2018 and finally a boost to rural sanitation under the Swachh Bharat program.
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