Finance Minister Arun Jaitley held a press conference in New Delhi on Tuesday and described India as the world’s fastest growing large economy.
Highlights:
India has remained world’s fastest growing large economy for the past three years. The Government has decided on the steps needed to sustain the growth momentum: Arun Jaitley.
GST has been the biggest reform, along with other ones like Demonetisation and the battle against black money: SC Garg, Secretary, DEA.
Effective and targeted Government spending is the main priority of Government: Ashok Lavasa, Finance Secretary
The biggest component of road building program, the BharatMala program. 34,800 km of roads to be built: Ashok Lavasa.
Need to step up public expenditure. Measures today will boost infrastructure spending in a big way: Jaitley.