इंडियन आवाज़     22 Jan 2019 05:39:04      انڈین آواز

Reforms will show positive results in economy in long-term: Jaitley


jaitelyFinance Minister Arun Jaitley has said the government has taken steps for structural reforms of the economy and it will show positive results in the long term.

He said the structural reforms have been taken despite global weakness and back to back droughts in the previous years.

Replying to a Short Duration discussion in the Raya Sabha on the “country’s state of economy, investment climate, job creation and unemployment”, Mr. Jaitley said, steps, such as Aadhaar, Direct Benefits Transfer and GST are the structural reforms which were initiated by the earlier government but could not be executed.

He said the Indian economy was the fastest growing economy in the world for the three consecutive years and despite structural changes it is expected to be 2nd fastest growing economy next year.

Earlier, initiating the discussion Anand Sharma of the Congress expressed concern over the state of economy and said demonetization has impacted it adversely.

He wanted to know how much black money has come to the government as a result of demonetization. He said exports have declined despite decrease in the international crude prices.

Prof. Ram Gopal Yadav of the Samajwadi Party alleged that there has been no improvement in the living standards of people residing in rural areas. He said the accelerated growth in agriculture alone can improve condition of rural population.

Leave a Reply

Your email address will not be published. Required fields are marked *



A tough test awaits Indian at Indonesia Masters

Olympic silver medalist P.V. Sindhu will resume her quest for glory in the new season, while Saina Nehwal and ...

Tata Steel Chess: Viswanathan Anand beats Shakhriyar Mamedyarov

Five-time world champion Viswanathan Anand scored a crushing victory over Shakhriyar Mamedyarov of Azerbaijan ...

ICC Test Rankings: India, Virat Kohli maintain top positions

A maiden Test series triumph in Australia saw both the Indian team and its skipper Virat Kohli consolidate the ...



Major buildings in India go blue as part of UNICEF’s campaign on World Children’s Day

Our Correspondent / New Delhi Several monuments across India turned blue today Nov 20 – the World Children ...

US school students discuss ways to gun control

             Students  discuss strategies on legislation, communities, schools, and mental health and ...


PM inaugurates National Museum of Indian Cinema

AMN / MUMBAI Prime Minister Narendra Modi Saturday said the government will soon start a single window cleara ...

Noted Film actor Kader Khan passes away in Canada

Born in Kabul, Khan made his acting debut in 1973 with Rajesh Khanna's "Daag" and has featured in over 300 fil ...


@Powered By: Logicsart