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Govt has no roadmap to exit stimulus says junior FM

Published on Fri, Nov 20, 2009 at 16:08   |  Updated at Fri, Nov 20, 2009 at 16:13  |  Source : Reuters

The government has not yet chalked out a roadmap to withdraw stimulus in the first half of 2010, the junior finance Minister said on Friday in a written reply to a question in parliament.

Early in November, Prime Minister Manmohan Singh had said the government would take appropriate action next year to wind down stimulus.

"At present, there is no roadmap for withdrawal of stimulus measures announced by the government in the wake of global crisis," Namo Narain Meena told the lawmakers in the lower house of parliament.


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