Comments
“ Growth is a national priority. Inflation remains a matter of concern. I am sure every effort is made to address this challenge… Of course, RBI has autonomy to take its decisions. But the need of the economy is more investments and dollar credit window .”
Commerce Minister Anand Sharma
“ We take a serious view of insider trading. Insider trading is a serious offence. They are clever people. We have to be cleverer than the perpetrators of fraud. We are trying to become cleverer. I have told SEBI to improve the surveillance. As we move forward, we will improve our systems and surveillance .”
Finance Minister P. Chidambaram
“ Nothing is achieved by dampening the spirit...We have taken steps and in two-three years we will return the economy to the robust growth path… It is certainly true that in the last two years there has been a slowdown in the economy and it has been reflected in the GDP… We are trying to tackle the crisis .”
Prime Minister Manmohan Singh
“ One area that we need to debate, I think, is defence. It is an area which we have left relatively untouched. We have to ask whether it is better to import our defence equipment or actually have foreign producers in joint ventures domestically… At some level, I think it is of greater benefit to national security in having a production facility here, whosoever controls it, than depend upon a production facility abroad .”
Chief Economic Advisor Raghuram Rajan on FDI in Defence sector
“ We are working with a programme that by 2020, 50 per cent of import of petroleum should be stopped and 75 per cent imports should be stopped by 2025. By 2030, the country must become self-sufficient in petroleum .”
Petroleum Minister M. Veerappa Moily
“ In my view, if Tatas want to set up a company to run an airline within the 49 per cent limit, the intention of policy as far as I know, is quite clear that they should be allowed to do it .”
Planning Commission Deputy Chairman
Montek Singh Ahluwalia
“ Technology is linked to economy and environment through manufacturer of knowledge products. Economy and environment are linked to technology, which promotes prosperity to society. We have to use innovation to generate high value-added products to become a global player .”
Scientist and former President
A. P. J. Abdul Kalam
“ We believe that the RBI will do a comprehensive and nuanced analysis of the economy and take the right decision and we hope it will vote for growth. I am happy with what he (RBI Governor D. Subbarao) has said .”
Department of Economic Affairs Secretary
Arvind Mayaram
“ Strong competition from China faced by Indian MSMEs is evident in high growth of India’s imports from China .”
Minister of State for MSME K.H. Muniappa in written reply to the Lok Sabha
“ The Working Group Report on Employment prepared for the 12th Five-Year Plan mentions
that the rate of employment in the last two decades is lower than the rate of growth of the economy and
that the quality of employment and the level of productivity are areas of concern .”
Minister of State for Parliamentary Affairs and Planning Rajeev Shukla in written reply
to the Rajya Sabha
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.