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Finance Minister India is doing well but can do better; Gave renewed emphasis on infrastructure development in rural areas rationalization of government support subsidies among others to reduce stresses on the economic fundamentals in the country

News and Press Release - Dated:- 19-4-2016 - The Union Finance Minister Shri Arun Jaitley said that compared to the situation two years back and in the current global context, India is doing a lot better on all fronts, especially on the key economic parameters, however, there is scope to do better. The Finance Minister was speaking at the Conference on Make in India: The New Deal in New York yesterday, organized by CII and the Asia Society Policy Institute. Referring to the spate of reforms happ .....

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movement on GST, lowering of interest rates as well as process reforms with an emphasis on ease of doing business that can help decrease transaction costs. He mentioned about the huge resource allocation in infrastructure development particularly for national highways, roads, railway stations, airports and seaports will also help unleash economic activity in these capital intensive sectors. In addition, Shri Jaitley gave renewed emphasis on infrastructure development in rural areas, rationaliza .....

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