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Finance Minister Asks the States to follow the path of fiscal discipline; Addresses the 2nd Conference of State Finance Secretaries; asked the States to spend more on development of infrastructure social and rural sector which deserve more attention of the Government today

News and Press Release - Dated:- 12-4-2016 - The Union Finance Minister Shri Arun Jaitley asks the States to follow the path of fiscal discipline.Shri Jaitley asked the State Governments to spend effectively and with in their given resources. He said that there is more fiscal space available to the States now a days after implementation of the 14th Finance Commission recommendations. He said that now the Centre has no discretion as far as allocation of resources to the States are concerned. The .....

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ges. Earlier speaking on the occasion, the Minister of State for Finance Shri Jayant Sinha said that the Centre and the States have to work in tandem in complete cooperation with each other to achieve the common goal of common good and ensure that benefits of various schemes reach to the last man. He asked the State Governments to use the Direct Benefit Scheme (DBT) and JAM Trinity i.e. Jan dhan, mobile, Aadhar vehicle to ensure that the benefits of various schemes reach to the last man without .....

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