Budget will giving boost to growth with stability: Pranab

Determined effort to regain the path of fiscal consolidation

PTI | March 16, 2012



Finance Minister Pranab Mukherjee on Friday said the budget was aimed at giving boost to "growth with stability" and there was a "determined effort to regain the path of fiscal consolidation."

"This is a budget for growth with stability. Stability on the prices front and on macro economic front at a time when there is growing uncertainty in the global economy. There is a determined effort to regain the path of fiscal consolidation," Mukherjee told reporters outside Parliament House.

"There is a determined effort to regain the path of fiscal consolidation," he said.

Observing that there is "special thrust" on all forms of investment especially on infrastructure and in agriculture to overcome the supply constraint, Mukherjee said it will help the Government manage the inflation front and comeback to the path of higher growth trajectory.

"The initiative for improving employability and opportunity for livelihood had been further strengthened for inclusive growth in both rural and urban areas," the Finance Minister said.

Comments

 

Other News

How the flora and fauna evolved in the Indian subcontinent

Mammals of India  By A.J.T. Johnsingh and P.O. Nameer HarperCollins India in association with Bombay Natural History Society  

India`s renewable race is moving beyond megawatts

When Shell bought Sprng Energy in 2022, India`s renewable energy market appeared to offer precisely what global energy majors were seeking: scale, growth and a place in one of the world`s largest energy transitions. Four years later, Shell is selling the same business to Aditya Birla Group for an enterpris

Nepal Floods: India keeps close watch on the situation

India`s central government has been keeping a close watch on the situation arising out of the flash flood in Nepal on Wednesday. Union home minister Amit Shah spoke with the chief ministers of Bihar and Uttar Pradesh, the two states that share the border with Nepal, regarding the disaster

UPI completes 10 years of digital payments revolution

The Unified Payments Interface (UPI), launched on August 25, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI), has completed 10 years of transforming digital payments in India. UPI has emerged as the backbone of India’s digi

Here’s an I.D.E.A. for career growth and success

Success in today’s professional organisation is no longer solely determined by academic qualifications, technical expertise or years of experience. While these attributes do matter, organisations increasingly value individuals who demonstrate the right mindset and behavioural qualities. The ability

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter