Despite an already infused Rs 2,000 crore, Civil Aviation Minister Vayalar Ravi is expected to meet Pranab Mukherjee to request inclusion of AI's additional stimulus package in the Budget.
Indian industry hopes that FM Pranab Mukherjee would offer a host of sops for nontax payers and the salaried class in the upcoming budget of 2011-12.
The Economic Survey 2010-11, which was tabled in Parliament, called for reforms in the realty sector, terming it as a key sector for India's growth.
The mutual fund industry has asked the Centre to treat the merger of schemes akin to company consolidation for the purpose of taxation in the upcoming budget.
The petroleum ministry has backed the oil companies on the issue but it remains to be seen whether finance minister Pranab Mukherjee factors this into his budget.
The tyre industry claimed that its ability to import natural rubber to bridge this demand-supply gap has been affected by high rate of import duty, which they feel is unviable.
As of now, the odds are stacked heavily against the sector. Infra companies are waiting to hear the government's vision for the sector from Finance Minister Pranab Mukherjee.
The $22 billion Indian auto component industry faces many challenges. It needs a large dose of investment - an average annual investment of $3.5 billion over the next 10 years.
The industry has been urging the government to consider the changed circumstances since the previous budget was presented and restore the uniform excise duty structure.
Indian pharma companies also have a new concern - China - from where they source an increasing amount of bulk drugs and intermediaries.
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The cement industry, that is suffering from overcapacity in the country, has sought reduction of taxes, including value-added tax (VAT), and liberal export sops in the upcoming budget.
As domestic airlines look at the RBI's debt restructuring plan as a ray of hope, Air India (AI) seeks more cash infusion from the government to see itself out of the red.
The sector is seeking tax sops, relaxation of foreign direct investment (FDI) norms and lower interest rates to give sales a boost.
Assocham has asked the Finance Ministry to reduce corporate tax and also abolish minimum alternate tax so that India Inc is left with more money to make investments.
Reeling under the impact of rising interest and input costs, India Inc is likely to ask the finance minister not to further withdraw the stimulus in the Budget.
The Airports Authority of India is desperately seeking more funds from the government to develop airports to keep pace with the robust growth that is expected to take place in the sector.





