LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Arun Jaitley on what India needs and why

Finance minister Arun Jaitley on Tuesday said that the country can continue with the high growth path with a strong and decisive leadership at the Centre. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Arun Jaitley on what India needs and why
Arun Jaitley said that a weak leadership could not have handled IL&FS with swiftness the way the present government did, thus averting a crisis in the making. Image source: Reuters
Written By: DNA Money Correspondent
Updated: Wed, Oct 17, 2018
11:51 am
ZeeBiz WebDesk
RELATED NEWS
PM Modi remembers former Finance Minister Arun Jaitley on death anniversary, says ‘miss my friend a lot’ PM Modi remembers former Finance Minister Arun Jaitley on death anniversary, says ‘miss my friend a lot’
Budget 2020: Nirmala Sitharaman pays homage to Arun Jaitley Budget 2020: Nirmala Sitharaman pays homage to Arun Jaitley
How Arun Jaitley made Twitter home to connect with people How Arun Jaitley made Twitter home to connect with people
Arun Jaitley will be remembered for landmark reforms like GST, IBC: SBI Arun Jaitley will be remembered for landmark reforms like GST, IBC: SBI
India Inc mourns Arun Jaitley's demise; Here's what they said India Inc mourns Arun Jaitley's demise; Here's what they said

Finance minister Arun Jaitley on Tuesday said that the country can continue with the high growth path with a strong and decisive leadership at the Centre. “If this path of high growth trajectory is to continue...if these higher growth, higher revenues and higher resources have to continue, better infrastructure objective has to be achieved. India needs a strong and decisive leadership at the Centre,” Jaitley said.

He said that a weak leadership could not have handled IL&FS with swiftness the way the present government did, thus averting a crisis in the making. The Board of beleaguered IL&FS was superseded by the government-appointed nominees led by well-known banker Uday Kotak as its chairman. Jaitley said being a net buyer of oil, a rise in global crude prices adversely impacts the country and hence the economy has to be resilient to deal with it.

Jaitley said that domestic policies of certain countries have spillover effects on India and hoped that such effects will not be everlasting and are transient in character. Jaitley said global oil prices have risen on account of artificial shortages and it has adversely impacted India. India imports 83% of its oil needs.

Talking about the political challenges facing the country, Jaitley said these are thrown up by unstable coalition and aspiring politicians, who want to acquire the top place. “Therefore we have to face that challenge by making our economy so resilient itself that we have the capacity to bear that challenge,” he added.

“Therefore, today what India needs is not individuals with lack of understanding of policies, lack of understanding of directions or inherently unstable coalition, but a government and leadership with absolute clarity about the direction so that this unique position which IMF refers to as a sweet spot in the world, this sweet spot we continue to occupy for the next two decades,” he said.

Jaitley said if India continues on the high growth path, then the country can get rid of poverty and can become a developed country. Indian economy grew at 8.2%in the April-June quarter.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Arun JaitleyIL&FS
RELATED NEWS
PM Modi remembers former Finance Minister Arun Jaitley on death anniversary, says ‘miss my friend a lot’ PM Modi remembers former Finance Minister Arun Jaitley on death anniversary, says ‘miss my friend a lot’
Budget 2020: Nirmala Sitharaman pays homage to Arun Jaitley Budget 2020: Nirmala Sitharaman pays homage to Arun Jaitley
How Arun Jaitley made Twitter home to connect with people How Arun Jaitley made Twitter home to connect with people
Arun Jaitley will be remembered for landmark reforms like GST, IBC: SBI Arun Jaitley will be remembered for landmark reforms like GST, IBC: SBI
India Inc mourns Arun Jaitley's demise; Here's what they said India Inc mourns Arun Jaitley's demise; Here's what they said

LATEST NEWS

Money earning scheme: This SBI plan will give you more than Rs 81,000 interest

Big gift for Tamil Nadu! PM Narendra Modi inaugurates these important projects - All details here

CSBC Bihar Police Constable Syllabus: Admit Card 2021 released! Check at csbc.bih.nic.in for salary, exam pattern

Microsoft failed to shore up defenses that could have limited SolarWinds hack - U.S. senator

7th Pay Commission: Salary up to Rs 1.77 lakh plus DA, HRA; check details at nta.nic.in - Delhi University Recruitment 2021

Petrol, Diesel Price – Fuel prices remain unchanged on Friday; expert tells money making strategy on Oil futures

Nureca Share Price: Investors are extremely happy with Nureca IPO listing gains

Central government employees, pensioners? How this FM Nirmala Sitharaman latest news today may impact you | EXPLAINED

RailTel IPO Listing today: Great expectations from share price on debut

Gold Price Today – Yellow metal cheaper by Rs 160 on Thursday; Silver by Rs 18; Know what to expect today

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved