Asserting that the government is working to expand digital transaction at a great pace despite criticism, Finance Minister Arun Jaitley on Wednesday asked Opposition not to eulogise the virtues of cash as it leads to temptation for shadow economy. “If an economy runs on cash, it is not credit to the country. …Cash gives temptation for shadow and parallel economy. ... Read More »
Finance Minister Arun Jaitley said the AIIB has come up amidst huge expectations in a difficult time for the global economy. Beijing: India continues to maintain a high growth rate even in times of difficult global conditions and is sticking with its agenda of reforms push and infrastructure creation, Finance Minister Arun Jaitley has said. Addressing the annual general meeting of the Board ... Read More »
Arun Jaitley also offered India’s support in establishment of a regional office of the Asian Infrastructure Investment Bank in New Delhi. (File Photo) BEIJING: India continues to maintain a high growth rate even in times of difficult global conditions and is sticking with its agenda of reforms push and infrastructure creation, Finance Minister Arun Jaitley said. Addressing the annual general ... Read More »
Recalling the days of Emergency, Arun Jaitley said Parliament without an opposition amended the Constitution in order to legitimise a Constitutional dictatorship. (File Photo) NEW DELHI: On the 41st anniversary of imposition of Emergency, Finance Minister Arun Jaitley today took swipes at Congress and blamed it for delaying economic reforms by two decades, transforming India into a ‘dynastic democracy’ and ... Read More »
Finance Minister Arun Jaitley made the offer to set up AIIB branch in India while addressing the Board of Governors Session of the Annual General Meeting (AGM) of the bank headquartered in Beijing. BEIJING: India is preparing a basket of projects worth USD 2-3 billion for funding by the Asian Infrastructure Investment Bank (AIIB) in several areas like urban development ... Read More »
Finance Minister Arun Jaitley said the government is seeking private sector participation in converting railway stations into commercial hubs. Beijing: India needs over $1.5 trillion in investment in the next 10 years to bridge infrastructure gap as the government intends to connect seven hundred thousand villages with roads by 2019 as part of a massive modernisation plan, Finance Minister Arun ... Read More »
Arun Jaitley also attended the Board of Governors meeting of the China-backed Asian Infrastructure Investment Bank (AIIB). BEIJING: Sky is the limit for investments in India and its economic growth is sustainable because it has a lot of distance to cover, Finance Minister Arun Jaitley said today. “It (growth) is sustainable for the reason that India has lot of distance ... Read More »
Finance Minister Arun Jaitley said that India will undergo massive modernisation over the next 10 years, and needs $1.5 trillion for infrastructure development. BEIJING: HIGHLIGHTS India will undergo massive modernisation over next decade: Arun Jaitley This will generate growth, employment, pull many out of poverty, he says Government aims to connect thousands of villages by 2019 India needs over USD ... Read More »
“India has a massive infrastructure programme which is going on,” Arun Jaitley said. BEIJING: India has a massive infrastructure programme and will decide on which of the projects under it could be referred to the Asian Infrastructure Investment Bank (AIIB) for funding, Finance Minister Arun Jaitley today. Mr Jaitley made the remarks ahead of the crucial AIIB Board of Governors ... Read More »
Arun Jaitley, who arrived in Beijing on June 23, is scheduled to attend the annual Financial Dialogue at the ministerial level with Lou Jiwei on June 27. (PTI photo) BEIJING: Finance Minister Arun Jaitley today met his Chinese counterpart Lou Jiwei in Beijing and discussed the bilateral economic cooperation and the global macroeconomic situation. The two ministers talked about bilateral ... Read More »
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