Steps taken by Govt will yield results in few months: Jaitley

Tags: News
Finance Minister Arun Jaitley today said that steps taken by the NDA government will yield good results in the next few months and it will not hesitate to take firm decision for long term welfare of the country.

"The steps government is taking...We will get to see its good results in the next few months. There was an environment of unhappiness (during UPA regime), we will now definitely succeed over it," he said.

Jaitley was speaking at a function 'Budget par Charcha with RWAs representatives' organised by Delhi unit of the BJP here.

The minister further said that the NDA government has no problem in taking any decision and will continue to take "firm decision for the welfare of the country in the long run".

Talking about the Delhi Budget, which was recently passed by Parliament, Jaitely said, "We did not impose new taxes so that common man didn't have to face problem."

Attributing bad power situation in the national Capital to poor infrastructure, the Minister said, "Our power minister is working hard to ensure better electricity supply."

In Delhi's Budget, the government had announced subsidy of Rs 0.80 to Rs 1.20 per unit, which will benefit 84 per cent households in the Capital.

Jaitley further said that in the Union Budget, he had raised the exemption limit of income tax from Rs 2 lakh to Rs 2.5 lakh, which would leave more money in the hands of individuals.

The NDA, Jaitley said, has come to power at a time when the country's economy is not doing well.

"In the last few year, people have globally lost trust over this country's economy. A question mark on credibility has also been raised regarding country's economy. And even local investors used to think that there will be no profit of investing money," he said, adding that the government is taking all steps to improve the situation.

The minister said government has drawn a plan of financial inclusion under which banking services will be extended to households in all villages of the country.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • The NDA government would do well to keep its economic focus in place

    It is as if the worst horrors conjured by liberal secularists about India’s prime minister could be finally coming true.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Taslima Nasreen

Religious conversion as fundamental right

Tricks and treats, coercion, threats, manhandling and extermination are the ...

Purnendu Ghosh

Does speed liberate or enslave humans?

Speed is the reflection of modernity and modernisation. Speed is ...

Shona Adhikari

Why Indian art auctions are here to stay

With Christie’s second India sale just over in Mumbai, we ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture