আগামী অর্থ বর্ষে দেশজুড়ে কমপক্ষে সাত লক্ষ কর্ম সংস্থান হবে বলে দাবি করলেন কেন্দ্রীয় অর্থমন্ত্রী অরুণ জেটলি৷Arun Jaitley LIVEArun Jaitley says between 2008 and 2013, public sector banks engaged in indiscriminate lending, which led to the rise in non-performing assets. He says NPAs were kept under the carpet for long but the situation is now improving. “Public sector banks are flush with funds after demonetization,” says the FM.
Rs 2.11 lakh crore recapitalisation of public sector banks. Of this, Rs 1.35 lakh crore will come from recap bonds, while 76,000 crore will come from other sources.
About 2000 km of coastal roads will be constructed in first phase of #BharatMala, says Ashok Lavasa,Finance Secretary
Eco Affairs Secy: Fiscal deficit consistently brought down from 4.5% to 3.2%; GDP averaged 7% in the last few years.
The presentation says that government plans to construct a 3000-km long road along the eastern and western borders.
Eco Affairs Secy: Current account deficit been very low for India in last two yrs; Small Blip in Q1 of this yr w.r.t. CAD
7 lakh crore to be invested in road infrastructure over the next five years. Governments' Bharatmala programme will entail the construction of 34,800 KM of roads.
Increased public spending will: More job, more investment, and more growth. Effective and targetted government spending a key priority of governement. Total expenditure this year is Rs 11.47 lakh crore, an increase of 1.2 lakh crore.
Increased public spending will: More job, more investment, and more growth. Effective and targetted government spending a key priority of governement. Total expenditure this year is Rs 11.47 lakh crore, an increase of 1.2 lakh crore.
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