Finance Minister Arun Jaitley has said the government is trying to ease the business environment in the country. He said efforts are being made to introduce fairness in the decision making process and make sure that decision making is quick. He said though the low oil prices have helped India, there are challenges created by global situation particularly in terms of shrinkage of exports. <br/> <br/>Mr. Jaitley said in such a situation India has to create firewalls around it to cushion the impact from global developments.<br/><br/>The finance minister further said in comparison to the rest of the world, India looks good but compared to its own standards and potential, much better can be done.<br/><br/>He, however added the challenges come from the agriculture sector in the wake of two continuous years of weak monsoons. The Finance Minister however expressed hope that this year, the monsoon rains will be good and the agriculture sector growth will pick up.<br/>The minister said last fiscal about three crore people were given loans under the MUDRA scheme and the target for the current fiscal will be much higher than the last fiscal.
News On AIR | April 5, 2016 1:28 PM
Govt trying to ease business environment in country: Arun Jaitley