https://www.taxtmi.com/news?id=2059 Finance Minister affirmed strong economic fundamentals and urged industry to play a proactive role to propel higher growth. He identified external risks from sovereign debt pressures and commodity volatility and domestic inflationary challenges that justify tight monetary policy. Fiscal consolidation is under way with improving tax buoyancy and planned expenditure restraint; early fiscal year FDI inflows were robust and further liberalisation is under discussion. Government initiatives include export and manufacturing strategies, Infrastructure Debt Fund approval, committee reports on mining, procurement and subsidy reform, and ongoing financial sector legislative and regulatory reforms. en-us Tue, 02 Aug 2011 10:24:12 +0530 Tue, 02 Aug 2011 10:24:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2059 Finance Minister affirmed strong economic fundamentals and urged industry to play a proactive role to propel higher growth. He identified external risks from sovereign debt pressures and commodity volatility and domestic inflationary challenges that justify tight monetary policy. Fiscal consolidation is under way with improving tax buoyancy and planned expenditure restraint; early fiscal year FDI inflows were robust and further liberalisation is under discussion. Government initiatives include export and manufacturing strategies, Infrastructure Debt Fund approval, committee reports on mining, procurement and subsidy reform, and ongoing financial sector legislative and regulatory reforms. News - Tue, 02 Aug 2011 10:24:12 +0530 https://www.taxtmi.com/news?id=2059