Finance Minister Arun Jaitley has said that his Government is committed to bring the economy back on the track. In his opening remarks during his Pre-Budget Consultations with economists in New Delhi today the Mr Jaitley said that economic growth cannot be compromised at any cost. The Minister said that priority of the government would be to restore the economic growth, curb inflation, follow the path of fiscal consolidation and to create an environment for higher employability. Various suggestions were received from the economists which includes to do away with retrospective tax amendments, removal of all kind of cess and surcharges. Other suggestions were removal of dividend distribution tax and introduction of inheritance tax above certain threshold limit as in case of many other capitalist countries. Consolidation of State Financing agencies and formulation of National Competition Policy were also came for deliberations during the meeting. They also proposed to change the labour laws and increasing revenue by use of technology.