The Union Finance Minister Shri P Chidambaram quoted the Tamil Saint poet Tiruvalluvar and Swami Vivekananda to drive home the point that India can become among the top five countries in the world, if we take right decisions and right choices. At the conclusion of his Budget speech in Lok Sabha today, Shri Chidambaram said India is the tenth largest economy in the world. He said, “we can become the eighth, or perhaps the seventh, largest by 2017. By 2025, we could become a $ 5 trillion economy”.

Quoting Swami Vivekananda he said, “All the strength and succor you want is within yourself. Therefore, make your own future.” The General Budget 2013-14 is a resolute step towards that future, he added.

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(Release ID :92729)

Economic growth targets shape the budget's vision, using fiscal choices to boost national competitiveness and scale. The Budget frames the General Budget 2013-14 as an instrument to advance India's global economic standing through appropriate decisions and reforms, emphasising self reliance and policy driven transformation as foundational principles and positioning fiscal measures and budgetary direction as central mechanisms to achieve long term competitiveness and expanded economic scale.