Union Finance Minister Arun Jaitley today said that competitiveness, cost and efficiency management have become the key words of survival and growth in post liberalization era. Inaugurating the First Indian Cost Accounts Service Day in New Delhi, he said, it is all the more important for the Government to have an efficient expenditure management otherwise it may face Greece like situation. He said that for good governance, the Government has not only to augment its resources through better revenue collections but also to manage its expenditure well. The Finance Minister asked the officers of the Cost Accounts Service to upgrade their professional skills and expertise to play a proactive role in assisting the Government to achieve the highest level of cost efficiency in its projects. Later, Mr. Jaitley also released a book on this occasion, titled "Laying the future road map for Indian Cost Accounts Service".
News On AIR | August 10, 2015 4:36 PM
Important for Govt to have efficient expenditure management: Jaitley