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[vc_row][vc_column width=”1/1″][vc_column_text]Sydney: The Union Finance Minister Shri Arun Jaitley said that the banks have to play an important role in achieving the higher growth rate in the country. He said that the banks would be provided sufficient funds to recapitalise them. The Finance Minister was speaking after inaugurating the Sydney …
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India is expected to grow at 7.5-8.0% in both 2015 and 2016
[vc_row][vc_column width=”1/1″][vc_column_text]Baku: Following is the Text of the Statement of the Union Finance Minister Shri Arun Jaitley at the First Business Session of the 48TH Annual Meeting of the Asian Development Bank (ADB) at Baku, Azerbaijan today: “Mr. Chairman, Governors of ADB and Heads of Delegations, Mr. President, Ladies and …
Read More »Indian economy is picking up after a few years of slowdown
[vc_row][vc_column width=”1/1″][vc_column_text]New Delhi: Intervention of Finance Minister on Global Economy and Framework for Strong, Sustainable and Balanced Growth at G-20 Following is the text of the Intervention made by the Union Finance Minister Shri Arun Jaitley during his visit to Washington D.C.: “Once again the global economic situation requires ambitious …
Read More »Finance Minister of India visits NSE
India’s Major Challenge will be to Boost Investment in Infrastructure
New Delhi: The Union Finance Minister, Shri Arun Jaitley said that overall economic situation in the country is looking better and basic parameters of Indian economy are moving in the right direction. Shri Jaitley said that current account deficit will be under control and will try to keep fiscal deficit …
Read More »India has no Intention to Privatise Either Railways or Coal India
New Delhi: The Union Finance Minister of India Shri Arun Jaitley assured the representatives of various Trade Unions that the Government has no intention to privatise either railways or Coal India. He said that focus of his Government is to create more jobs and employment opportunities beside safeguarding the existing …
Read More »Role of IT Sector is Crucial in Order to Promote E-Governance in India
New Delhi: The Union Finance Minister of India Shri Arun Jaitley said that the role of IT sector, be it hardware or software, is crucial in order to promote e-governance for empowering citizens. He said that the role of this sector is also important in promoting the inclusive and sustainable …
Read More »Macro-Economy Stability has Improved in India
New Delhi: The Union Finance Minister Shri Arun Jaitley said that his Government has taken lot of initiatives in different sectors in the last 7-8 months with an objective to take the economy on a higher growth path. He said that overall, with growth improving and inflation and external fronts …
Read More »Process of economic reforms would be further strengthened: FM of India hints
New Delhi: The Union Finance Minister Shri Arun Jaitley said that apart from on-going schemes and programmes for the marginalized and vulnerable section of the society, the Government has initiated various special social sector programmes. He said that these programmes among others include Swacch Bharat Mission (Gramin), which will set …
Read More »Reviving Manufacturing is One of the Major Challenges in India
New Delhi: The Union Finance Minister of India Shri Arun Jaitley said that the Infrastructure Sectors such as coal, power and cement have been recording double digit growth in the last few months while growth in manufacturing sector is still patchy. He said that reviving manufacturing, diversifying its base and …
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