He said the priority of the govt will be job creation and inflation management
New Delhi: Jayant Sinha, who on Monday took up the charge as the new minister of state for finance, said that the priority of the government will be job creation and inflation management.
“First, creating jobs is very important for us and for the economy. The second area that we have emphasised and we have done well on is obviously managing inflation and price rise, which has been a major election issue and I think we have done remarkably well on that,” he said.
Mr Sinha is the son of former finance minister Yashwant Sinha. He also expressed hope that the economy will return to 7-8 per cent sustainable growth trajectory in the coming years.
He said fiscal situation is well in hand and the government is monitoring the situation very closely with respect to tax collections. “We have been fortunate to have tailwinds of lower oil prices which are going to help on the expenditure side. So when we are very confident that we will be able to achieve fiscal target,” he said.
( Source : dc correspondent )
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