Government will initiate several measures in the next few weeks to boost the country's economy and pave way for more investments into the country. It will also decide on Coal and Gas pricing and review FDI cap in various sectors including defence. Talking to reporters in New Delhi yesterday, Finance Minister P Chidambaram said steps taken by the government since August last year, had their impact on fiscal consolidation and inflation. He said the government is looking forward for more reforms to achieve the desired results. The Finance Minister asked his Cabinet colleagues to spend budgetary allocations made for their respective Ministries saying that government spending will help the growth process.
News On AIR | June 14, 2013 8:30 AM
Centre to review FDI limit in various sectors including Defence : Fin Min