Search Results for: fiscal deficit

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Finance Minister Jaitley holds pre-budget meet with IT sector representatives

New Delhi, Jan 15 (ANI): Finance Minister Arun Jaitley met representatives of Information Technology (hardware and software) sector ahead of the budget to discuss issues faced by the industry. Jaitley is due to present the BJP-led government's 2015/16 budget and its fiscal deficit target to parliament at the end of February. Chief Executive Officer (CEO) of Infosys, Vishal Sikka praised Jaitley for making an effort to meet everyone for pre-budget consultations. The budget statement will be preceded by Reserve Bank of India (RBI) policy meeting on February 03, with some speculation that the central bank could lower its key interest rate, which has stayed unchanged at 8 percent since January 2014. Jan 15, 2015
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Social sector looks for higher budget allocation in skill building

New Delhi, Jan 09 (ANI): Representatives from India’s social sector sought higher budget allocation in skill building and public procurement, in pre-budget talks with Finance Minister Arun Jaitley. Jaitley also held pre-budget meetings with representatives from Indian industry, earlier this week. Social sector representatives hoped that the government would focus on skill building so that employment would see a rise and people could sustain their jobs. She said they also spoke on focussing on skill development for the employment of youth, especially from socially excluded communities. The representatives also gave recommendations on public procurement for which there is no legislation or policy. The budget for the fiscal year 2015-2016 will be out by the end of February. Jan 9, 2015
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