HomeNewsBusinessEconomyFM@IBLA: To live up to 4.1% FY15 fiscal deficit target

FM@IBLA: To live up to 4.1% FY15 fiscal deficit target

Finance Minister is very upbeat on growth for 2016 and says it will be much better year than 2015. He is hopeful of interest softening with inflation remaining subdued.

January 09, 2015 / 22:09 IST
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At CNBC-TV18’s 10th IBLA (India Business Leadership Awards) Finance Minster, Arun Jaitely spoke about his government's outlook for India in terms of growth, policy initiatives, reforms ec.In an panel discussion with the finance minister, industry stalwarts NR Narayana MurthyFounder, Infosys, Deepak Parekh, Chairman, HDFC, D Shivakumar, Chairman & CEO, PepsiCo India, Cyril Shroff, Managing Partner, Amarchand Mangaldas, Harish Manwani, Chairman, Hindustan Unilever put forth their expectation from the new government.During the discussion, Finance Minister said the government intends to live up to 4.1% FY15 fiscal deficit target.

Talking about growth he said  next year growth will be certainly better and is upbeat on growth for India in 2016. He said that it would be better year than 2015.

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He was also hopeful of interest rates softening with inflation remaining subdued.He assured that the next phase of reforms would see movement in Education and Healthcare sector, because post-1991 education has remained an unreformed sectorFor this entire discussion and award ceremony watch the video

first published: Jan 9, 2015 09:23 pm

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