Govt has taken steps, some more measures likely to narrow CAD: Arun Jaitley
- Country:
- India
Finance Minister Arun Jaitley Saturday said there are some more steps on the anvil to narrow the current account deficit (CAD) and bolster forex inflows.
The government has taken some steps and some more measures are likely to narrow CAD, Jaitley said at the HT Leadership Summit here.
Enunciating some of the steps taken recently, he said the government cut the borrowing target for the current fiscal by Rs 70,000 crore and allowed oil companies to raise USD 10 billion in one year.
(With inputs from agencies.)
Advertisement
ALSO READ
BJP govt has built 4 crore houses for the poor. We will build 3 crore more houses for such families: PM Modi at release of party manifesto.
It is Modi's guarantee to the poor to build 3 crore houses, provide free ration for 5 years: PM at Mysuru public meeting.
Hundreds of crores in black money being sent across country from Karnataka to help Cong fight poll: Modi at Mysuru rally.
Aster DM Healthcare plans to invest Rs 1,000 crore to increase bed capacity over the next 3 years
GeM portal marks over ten fold growth in two year, Rs 80K crore saved so far