Monday, 17 February 2014

Current Affairs-Union Interim Budget 2014-15-Surmounting Challenges: A Major Goal



Surmounting Challenges: A Major Goal

While presenting the Interim Budget 2014-15, the Union Finance Minister Shri P Chidambaram said that 2012 and 2013 were years of turbulence for the Indian economy, as they were for other emerging economies. He declared that, on returning to the Ministry of Finance, his primary objectives and concerns were fiscal consolidation, price stability, self-sufficiency in food, reviving the growth cycle, enhancing investments, promoting manufacturing, encouraging exports and quickening the pace of implementation of projects. The Minister added that he is intend on finding practical solutions to certain stressed sectors such as petroleum, power, coal, highways and textiles. 

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