Last Updated : Mar 22 2019 12:13PM     Screen Reader Access
News Highlights
BJP releases first list of candidates for Lok Sabha polls            Govt to not send representative to Pakistan National Day event            India one of world's fastest-growing large economies: IMF            EU agrees to postpone Brexit beyond 29 March            India to face Nepal for title clash at SAFF Women's Championship           

National News

Sep 15, 2018
8:34PM

PM reviews economic situation in meeting with Finance Ministry

File Pic
Prime Minister Narendra Modi today held a meeting with different departments of Finance Ministry to review the economic scenario of the country.

Briefing reporters after the meeting in New Delhi, Finance Minister Arun Jaitley said, during the meeting the Prime Minister expressed his satisfaction with regard to the broad parameters in relation to the economy and macro economic data so far emerging this year.

Mr Jaitley said, the government is confident of maintaining 3.3 per cent fiscal deficit target. He said, the government will incur entire budgeted expenditure which is necessary for growth.

He said, as far as capital expenditure is concerned, already about 44 per cent of the budgeted expenditure has been spent till 31st of August this year and will maintain 100 per cent capital expenditure.

Mr Jaitley said government is confident of a growth rate higher than what was projected earlier this year in the budget adding that the inflation is broadly under control. He said there has been a phenomenal increase in the assesses base due to anti black money measures taken by the government.

On the GST and other indirect taxes, the Minister said GST is settling down and with the kind of pickup in consumption which has taken place, it will have an impact on GST collection in future months.

He said government was confident that direct and indirect tax collections will comfortably meet the target. He said, the government is also confident of not only maintaining the disinvestment target this year but also in excess.

A detailed presentation was made by the Economic Affairs, Revenue and Expenditure Departments.
 

Live Twitter Feed

Listen News

Morning News 22 (Mar) Midday News 21 (Mar) News at Nine 21 (Mar) Hourly 22 (Mar) (1200hrs)
समाचार प्रभात 22 (Mar) दोपहर समाचार 21 (Mar) समाचार संध्या 21 (Mar) प्रति घंटा समाचार 22 (Mar) (1205hrs)
Khabarnama (Mor) 22 (Mar) Khabrein(Day) 21 (Mar) Khabrein(Eve) 21 (Mar)
Aaj Savere 22 (Mar) Parikrama 21 (Mar) Lok Ruchi Samachar 17 (Mar)

Listen Programs

Market Mantra 21 (Mar) Samayki 21 (Mar) Sports Scan 21 (Mar) Spotlight/News Analysis 21 (Mar)
    Public Speak

    Country wide 21 (Mar) Surkhiyon Mein 21 (Mar) Charcha Ka Vishai Ha 20 (Mar) Vaad-Samvaad 19 (Mar) Money Talk 19 (Mar) Current Affairs 15 (Mar)