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| Chidambaram holds pre-Budget consultations with the Social Sector related Group in New Delhi |
New Delhi: Indian Finance Minister P Chidambaram today emphasised government’s
commitment to restore country’s
economy back on the path of higher growth.
Making opening remarks during his third pre-budget
consultation meeting with Social Sector related Groups, Chidambaram said that higher
growth in economy gives an opportunity to the government to roll out
development programmes for different sections of society especially for
neglected and poor sections of society.
In this regard he specifically mentioned about MGNERGA,
National Rural Health Mission, Prime Minister’s Gramin Sadak Yojana and Prime
Minister’s New 15 Point Programme for Minorities among others.
“Our every action should lead to restoration of Indian
economy back to the path of higher growth,” the minister asserted.
He further said, “Though the year just passed by was difficult
one, but we have come out from that phase and the focus in next year would be
on higher growth.”
"Global economy was passing through a critical phase and we can’t remain
unaffected and this was visible through decline in exports, slowdown in
investment, high inflation and problem of restoring fiscal health of the
country," he added.
Chidambaram hoped that by the end of fiscal year, “some good
results will be seen in the economy.”