Friday, February 27, 2015

Budget 2015 will present ‘roadmap for development': Prakash Javadekar







Environment Minister Prakash Javadekar on Saturday said the Union Budget for 2015-16 will present a roadmap for development and fulfill the people’s aspirations.


“It will be a roadmap for development and it will fulfill the people’s aspirations,” said Javadekar.


Finance Minister Arun Jaitley is set to present his first full-year budget in the Parliament today at 11 am today, seeking to put the country on a path of 7-8% growth over the next two years. The 2015-16 Budget is being billed as a “make-or-break” event for Prime Minister Narendra Modi’s eight-month-old government.


It is expected to give a big push to Prime Minister Modi’s ‘Make in India’ campaign, with tax breaks and other incentives for several sectors.


Do Read– LIVE Union Budget 2015-16: Minute-by-minute update of Arun Jaitley’s speech


Markets witnessed a surge ahead of the presentation of the Union Budget 2015-16 as the Sensex shot up 250 points to reach 29476 and the Nifty was up 70 points at 8916.







via NorthEast Calling http://ift.tt/18wOmpp

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