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The Union Finance Minister Shri Arun Jaitley holds Pre-Budget consultations with the Finance Ministers of all States/ UTs (with legislature); FM Various steps taken by the Central Government in recent past to unearth black money will help in curbing corruption and making the Indian economy more cleaner transparent and efficient; Asks the States to work together for putting India on the path of higher growth

News and Press Release - Dated:- 5-1-2017 - The Union Finance Minister Shri Arun Jaitley said that various steps taken by the Central Government in recent past to unearth black money will help in curbing corruption and making the Indian economy more cleaner, transparent and efficient. He said that the world economy is passing through a difficult phase and is quite fragile. However the Finance Minister said that in case of Indian Economy, macro and micro indicators are quite strong and Indian eco .....

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day. The meeting was attended among others by the Chief Minister of Puducherry, Dy. CMs of Gujarat and NCT of Delhi, Finance Ministers/ Ministers representing their respective States/UTs and Senior Officers from the States/UTs. From the Central Government, along with the Union Finance Minister, those attended Meeting included Shri Santosh Gangwar, Minister of State for Finance, Shri Arjun Ram Meghwal, Minister of State for Finance & Corporate Affairs, Shri Ashok Lavasa, Finance Secretary, Sh .....

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em were State specific or policy oriented or both. Most of them gave their suggestions in writing as well to the Finance Minister. Common suggestions made during the meeting included more focus on relaxing FRBM limit in case of States for raising their borrowing capacity by raising it by 1% or at least by 0.5%, expansion of bank branches in most remote areas of the country, expressed need for giving fiscal stimulus, allocation of high outlay for National Rural Employment Generation Programmes, r .....

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