Some more steps likely to narrow CAD, says Jaitley
Team Udayavani, Oct 6, 2018, 11:59 AM IST
New Delhi: Finance Minister Arun Jaitley Saturday said there are some more steps on the anvil to narrow the current account deficit (CAD) and bolster forex inflows.
The government has taken some steps and some more measures are likely to narrow CAD, Jaitley said at the HT Leadership Summit here.
Enunciating some of the steps taken recently, he said the government cut the borrowing target for the current fiscal by Rs 70,000 crore and allowed oil companies to raise USD 10 billion in one year.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
PHF Leasing Limited raises $10 Mn through a mix of equity and debt
CCPA asks FSSAI to probe claim of Nestle adding sugar to baby products
Markets tank in early trade as Middle East tensions flare-up
Tesla shares tumble below $150 per share, giving up all gains made over the past year
India not reaping benefits of democratic dividend: Raghuram Rajan
MUST WATCH
Latest Additions
Kejriwal accuses ED of being “petty”, “politicising” his food before court
Bengaluru’s Shift to Smarter Spending: Pre-Owned Car Sales Jump 87 percent
PHF Leasing Limited raises $10 Mn through a mix of equity and debt
Why crime rate against Dalits increasing in MP: Cong jabs PM Modi
Indian embassy urges caution for non-essential travel to UAE amid historic flooding