The President Mrs. Pratiba Devi Singh Patil today asserted that the Government stood committed to tackling the menace of corruption and bringing back the black money stashed in Foreign banks. In her address to the Joint sitting of Budget session of Parliament, Mrs. Patil said combating inflation and maintaining the economic growth momentum are among the other top priorities of the Government. She said, maintaining an uncompromising vigil on internal and external security fronts and pursuing a policy that ensures India's voice is heard and its interests are protected in the global fora will also remain in focus. Dealing at length on the steps taken to take corruption head- on, the President said, a Group of Ministers constituted to address the issue will submit its report soon. Expressing serious concern over black money stashed in foreign banks, Mrs. Patil said, steps have been taken to facilitate exchange of information for tax purposes with countries and entities where Indian national may have parked their money. Mrs. Patil said that the menace will be tackled frontally and steps are being taken to strengthen the legal framework in this direction.Stating that inflation has been a problem in the past year , the President said that the government is deeply concerned over the adverse impact of inflation on the common man and the threat it poses to the growth momentum. The President said, that states are being consulted on the National Food Security Bill as its success hinges critically on their commitment to reforms in the public distribution system. She said, the long term solution of the problem lies in increasing productivity and production in agriculture. Mrs Patil renewed the Government's commitment to ensure remunerative prices to farmers for their produce and noted that concrete measures will be in place to augment investment and provide incentives to the states .Highlighting the initiatives for sustaining the growth momentum the President said infrastructure development is the focus of the government with 20 lakh crore rupees invested in this sector in the eleventh plan. This she said, is proposed to be doubled in 12th five year plan with private sector participation. Talking about the strides made in different sectors, Pratibha Patil referred to reforms in power sector, rapid expansion in telecom , energy security and setting up of special economic zones for promoting exports. On the commitment to gender equity, Mrs. Patil expressed the hope that women reservation bill will be passed by the Lok Sabha as it has got the nod of the Rajya Sabha. The bill provides for 33 per cent reservation for women in Parliament and State Legislatures. She said a Bill to protect women against sexual harassment at work place and another bill to protect children from such offences is being introduced in parliament. Referring to violence in some parts of the country, Mrs Patil said security system have been revamped with better training and infrastructure to state police and para military forces. Talking about relations with Pakistan, the President said New Delhi is seeking a peaceful resolution of issues through a meaningful dialogue provided Islamabad does not allow its soil to be used for terror activities against India. On developments in Egypt, Mrs. Patil said India welcomes the dawn of democracy in other countries. On the relations with major powers, Mrs. Patil said India will continue to work to realize the full potential of these relations in the pursuit of its interests. She said, as a member of the United National security council for a two year term, India will advance the cause of peace, development, security and uphold the values of multilateralism.President Pratibha Patil also said that the government proposes to extend the coverage of private FM radio services to all cities with a population of one lakh and above. A total of 806 new FM radio channels in 283 cities are proposed to be set up. Mrs Patil said, it is also proposed to give incentives to future FM radio operations in Jammu and Kashmir, the North Eastern States and island territories.
News On AIR | February 21, 2011 1:28 PM
Govt. committed to tackling menace of corruption & bringing back black money: Prez Patil