INSUBCONTINENT EXCLUSIVE:
The last thing India needs at this stage is political instability, Finance Minister Arun Jaitley said on Friday
Speaking at the TheIndianSubcontinent Global Business Summit in Delhi, Jaitley said the country cannot afford a chaotic combination in
the form of a coalition, asserting that India needs a five-year government, and not a six-month one.
He also cautioned that a cocktail of
autonomy while being aware of its responsibility
Nobody from the business sector and the industry said they disagree with the govt on issues regarding the RBI
increasingly influenced by economics
He acknowledged that there was a lot of public pressure to perform on the government, which was forcing every political party to fall in
line.
"Our taxation collection is close to doubling
Size of middle class is growing exponentially
Greater formalisation of economy, expansion of tax base benefitted infra and system, and even those people who always thought they were out
needed to win elections in India
after Ayushman Bharat, health insurance coverage in the country jumped to 78 per cent from 38 per cent in 2014
"10 crore families were coming into partly self-paid and partly govt-paid insurance coverage," he said.
On Pulwama terrorist attack, Jaitley
said the kind of anger is unprecedented this time
India will exercise all options within its means, whether it is diplomatic or otherwise
a time of a hostile environment between the two countries.
