The government has the scope to raise funds by selling shares in state-run firms even as subsidies need to be recast to benefit the needy, Montek Singh Ahluwalia said today, 8 June 2009 taking over as deputy chairman of the Planning Commission for a second successive term.
The government has started some discussion with the finance ministry on what should be the appropriate size of the plan expenditure in the current fiscal year, Ahluwalia said.
Ahluwalia expects the country's growth to exceed last year's 6.7% added that subsidies needed to be recast, taking a cue from President Pratibha Patil's address to a joint session of parliament.
The government has started some discussion with the finance ministry on what should be the appropriate size of the plan expenditure in the current fiscal year, Ahluwalia said.
Ahluwalia expects the country's growth to exceed last year's 6.7% added that subsidies needed to be recast, taking a cue from President Pratibha Patil's address to a joint session of parliament.
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