Budget aimed at giving boost to growth with stability: Pranab

March 16, 2012 03:14 pm | Updated December 04, 2021 11:42 pm IST - New Delhi

Union Finance Minister Pranab Mukherjee addresses the media after presenting the General Budget 2012-13 , in New Delhi, on Friday.  Photo: Kamal Narang

Union Finance Minister Pranab Mukherjee addresses the media after presenting the General Budget 2012-13 , in New Delhi, on Friday. Photo: Kamal Narang

Finance Minister Pranab Mukherjee on Friday said the budget was aimed at giving boost to “growth with stability” and there was a “determined effort to regain the path of fiscal consolidation.”

“This is a budget for growth with stability. Stability on the prices front and on macro economic front at a time when there is growing uncertainty in the global economy. There is a determined effort to regain the path of fiscal consolidation,” Mr. Mukherjee told reporters outside Parliament House.

“There is a determined effort to regain the path of fiscal consolidation,” he said.

Observing that there is “special thrust” on all forms of investment especially on infrastructure and in agriculture to overcome the supply constraint, Mr. Mukherjee said it will help the Government manage the inflation front and comeback to the path of higher growth trajectory.

“The initiative for improving employability and opportunity for livelihood had been further strengthened for inclusive growth in both rural and urban areas,” the Finance Minister said.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.