While presenting the Interim Budget 2014-15, the Union Finance Minister Shri P Chidambaram said that 2012 and 2013 were years of turbulence for the Indian economy, as they were for other emerging economies. He declared that, on returning to the Ministry of Finance, his primary objectives and concerns were fiscal consolidation, price stability, self-sufficiency in food, reviving the growth cycle, enhancing investments, promoting manufacturing, encouraging exports and quickening the pace of implementation of projects. The Minister added that he is intend on finding practical solutions to certain stressed sectors such as petroleum, power, coal, highways and textiles.

Fiscal consolidation and growth priorities: stabilise prices, boost investment, promote manufacturing and address stressed sectors. Interim budget priorities emphasize fiscal consolidation, price stability and food self sufficiency, together with reviving growth by enhancing investment, promoting manufacturing and exports, and quickening project implementation. The statement also pledges practical solutions for stressed sectors such as petroleum, power, coal, highways and textiles to remove bottlenecks and support recovery.