Last Updated : Jan 23 2019 9:39PM     Screen Reader Access
News Highlights
PM Modi inaugurates Netaji Subhash Chandra Bose museum at Red Fort            President Kovind calls upon NRIs to contribute to development of New India            Cabinet decides to strengthen NE autonomous councils            Nation remembers Netaji Subhash Chandra Bose on his birth anniversary            India win first ODI against New Zealand at Napier           

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.
 

   Related News

Live Twitter Feed

Listen News

Morning News 23 (Jan) Midday News 23 (Jan) News at Nine 23 (Jan) Hourly 23 (Jan) (2000hrs)
समाचार प्रभात 23 (Jan) दोपहर समाचार 23 (Jan) समाचार संध्या 23 (Jan) प्रति घंटा समाचार 23 (Jan) (1900hrs)
Khabarnama (Mor) 23 (Jan) Khabrein(Day) 23 (Jan) Khabrein(Eve) 23 (Jan)
Aaj Savere 23 (Jan) Parikrama 23 (Jan) Lok Ruchi Samachar 20 (Jan)

Listen Programs

Market Mantra 23 (Jan) Samayki 23 (Jan) Sports Scan 23 (Jan) Spotlight/News Analysis 23 (Jan)
    Public Speak

    Country wide 17 (Jan) Surkhiyon Mein 17 (Jan) Charcha Ka Vishai Ha 23 (Jan) Vaad-Samvaad 22 (Jan) Money Talk 22 (Jan) Current Affairs 18 (Jan)