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Home: FM says 9%-plus growth needed on sustained basis to take benefits of development to all

FM says 9%-plus growth needed on sustained basis to take benefits of development to all

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NetIndian News Network
New Delhi, February 3, 2012
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Finance Minister Pranab Mukherjee today said that the country needed to ensure 9 per cent plus growth in GDP on a sustained basis to achieve its objective of inclusive growth.
 
At his pre-Budget consultations with representatives of business and trade here, Mukherjee said that, in order to ensure that everyone got his or her due share of development, it was necessary that the benefits of various development programmes reached the targeted beneficiaries in the given time-frame.
 
The industry called for improvement in outcome of expenditure on social programmes, widening of the tax net, a shift to accrual-based budgeting from cash-based, acceleration in the disinvestment process and boost in agricultural growth.

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