Chidambaram unveils roadmap to lift economy

[john70]

Chidambaram unveils roadmap to lift economy

Chidambaram unveils roadmap to lift economy - The Times of India

In a bid to boost investment and lift the sagging economy, new finance minister P Chidambaram today promised fine-tuning of policies, corrective measures to put in place a stable and non-adversarial tax regime and a possible cut in interest rates.

He has also directed a review of tax provisions that have a retrospective effect in order to find a fair and reasonable solutions to pending as well as likely disputes between the tax department and assesses concerned.

Unveiling a broad roadmap to regain the confidence of investors, the Minister, who took charge of finance portfolio last week, made a detailed statement in which he said that government will work with the RBI to moderate inflation in the medium term.

Do it sir early and effectively, WAKE UP NOW OR NEVER.

he said, "sometimes it is necessary to take carefully calibrated risks in order to stimulate investment and to ease the burden on consumers. We will take appropriate steps in this regard."

Making it clear that his uppermost duty was to regain the confidence of all stake holders, he said, "obviously, wherever necessary, our policies have to be modified or fine-tuned to meet the expectations of different stakeholders."

TAKE RISK OR WHATEVER BUT PLEASE DO SOMETHING AND GAIN OUR HAZZING ECONOMY BACK ON TRACT

 

[Ray]

He will lift his own fortunes!