Steps taken by Govt will yield results in few months: FM Arun Jaitley

Aug 02 2014, 18:49 IST
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Arun Jaitley said that steps taken by the NDA govt will yield good results in the next few months. PTI Arun Jaitley said that steps taken by the NDA govt will yield good results in the next few months. PTI
SummaryArun Jaitley was speaking at a function 'Budget par Charcha with RWAs representatives'.

Finance Minister Arun Jaitley today said that steps taken by the NDA government will yield good results in the next few months and it will not hesitate to take firm decision for long term welfare of the country.

"The steps government is taking...we will get to see its good results in the next few months. There was an environment of unhappiness (during UPA regime), we will now definitely succeed over it," he said.

Jaitley was speaking at a function 'Budget par Charcha with RWAs representatives' organised by Delhi unit of the BJP here.

The minister further said that the NDA government has no problem in taking any decision and will continue to take "firm decision for the welfare of the country in the long run".

Talking about the Delhi Budget, which was recently passed by Parliament, Jaitely said, "We did not impose new taxes so that common man didn't have to face problem."

Attributing bad power situation in the national Capital to poor infrastructure, the Minister said, "Our power minister is working hard to ensure better electricity supply."

In Delhi's Budget, the government had announced subsidy of Rs 0.80 to Rs 1.20 per unit, which will benefit 84 per cent households in the Capital.

Jaitley further said that in the Union Budget, he had raised the exemption limit of income tax from Rs 2 lakh to Rs 2.5 lakh, which would leave more money in the hands of individuals.

The NDA, Jaitley said, has come to power at a time when the country's economy is not doing well.

"In the last few year, people have globally lost trust over this country's economy. A question mark on credibility has also been raised regarding country's economy. And even local investors used to think that there will be no profit of investing money," he said, adding that the government is taking all steps to improve the situation.

The minister said government has drawn a plan of financial inclusion under which banking services will be extended to households in all villages of the country.

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