<h1>Union Finance Minister Urges Boost in Oil, Coal Production and Gold Consumption Control to Manage Current Account Deficit.</h1> The Union Finance Minister emphasized the need to increase domestic production of oil and coal and restrain gold consumption to contain India's Current Account Deficit (CAD). Addressing a parliamentary committee, he highlighted the importance of financing CAD without depleting reserves and noted India's attractiveness for foreign direct and institutional investments. The government is reviewing FDI caps and working to operationalize stalled projects to boost production. Despite global economic challenges, India added $3 billion to forex reserves in 2012-13. Committee members supported the measures and stressed restoring foreign investor confidence and enhancing domestic production in key sectors.