Budget 2016 will not resort to sheer populism for good ratings: Jaitley

New Delhi, Jan.30 (ANI): Finance Minister Arun Jaitley on Saturday indicated that the upcoming Budget will not resort to sheer populism for good ratings, and will focus on structural reforms.

Stating that fundamentals have to be strong enough, Jaitley said that the budget has to weigh the areas of weaknesses where investments are required.

Speaking at The ET Global Business Summit here, he said India should aspire for achieving economic growth rates of eight to nine percent to lift its people out of poverty.

The Finance Minister also said that the Indian economy has to be put on a sounder platform as country has the potential to grow.

The Finance Minister expressed hoped that the main opposition Congress will see reason and help in passage of GST Bill in the upcoming Budget session of Parliament.

He said the Goods and Services Tax (GST) is an important reform of the UPA, and if he had to credit the authorship of the bill, he would give it to the Congress.

Finance Minister Jaitley also said the three objections raised by the Congress are against the brain of the bill which the UPA had brought. (ANI)

Related Posts

Leave a Reply