Finance Minister Arun Jaitley presents the Narendra Modi government’s first budget. Here are the highlights: 1. Two years of sub-five per cent growth has led to challenges to the economy 2. Green shoots of recovery seen in global economy 3. Slow decision making has resulted in loss of opportunity 4. We look forward lower level of inflation 5. Will usher in policy regime that will usher in higher growth, low inflation 6. Aim to achieve 7-8 per cent economic growth rate in next 3-4 years 7. Will leave no stone unturned to create a vibrant India 8. Budget proposes Plan expenditure of Rs 5,75,000 crore for current ficsal 9. Anti-poverty programmes will be targeted well. 10. We need to revive growth particularly in manufacturing sector and infrastructure 11. There is urgent need to generate more resources 12. Should we allow economy to suffer because of indecisiveness and populism 13. Task before us is challenging 14: We must continue to be watchful of CAD 15. Target of 4.1 per cent fiscal deficit is daunting but accepting it as a challenge 16. Finance Minister emphasizes on fiscal prudence, need to generate more resources. 17. Iraq crisis having impact on oil prices 18. We must address the problem of black money fully.................. for more plz visit qualitystudy.net/budget-2014.html
Posted on: Thu, 10 Jul 2014 08:14:25 +0000
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