Cost of doing biz must be reduced to revive investment cycle: FM
10/06/2014 15:50
In a bid to revive the investment cycle, it is required to reduce the cost of doing business in the country, said Finance Minister Arun Jaitely, reported PTI. "The Finance Minister stressed upon the need to improve the business climate and reducing the cost of doing business as important means for revival of the investment cycle," an official statement said. He also emphasised on the need for coordinated approach by all sector regulators to achieve financial stability. "He referred to the high political expectations from the new government and the opportunity now available for resolving long-pending problems facing the economy," the statement said. The minister also cautioned against slackening the vigil in the area of fiscal consolidation. He added that there is a need to continue to be in a state of preparedness for managing external sector vulnerabilities.
10/06/2014 15:50
In a bid to revive the investment cycle, it is required to reduce the cost of doing business in the country, said Finance Minister Arun Jaitely, reported PTI. "The Finance Minister stressed upon the need to improve the business climate and reducing the cost of doing business as important means for revival of the investment cycle," an official statement said. He also emphasised on the need for coordinated approach by all sector regulators to achieve financial stability. "He referred to the high political expectations from the new government and the opportunity now available for resolving long-pending problems facing the economy," the statement said. The minister also cautioned against slackening the vigil in the area of fiscal consolidation. He added that there is a need to continue to be in a state of preparedness for managing external sector vulnerabilities.
