Following is the statement of the Prime
Minister, Dr. Manmohan Singh, to the media on the Budget:
“The Finance Minister has done a commendable job in reconciling the
short term requirements of our economy, to provide a stimulus to the
growth process and simultaneously to ensure that we recapture the
rhythm of the growth process despite the recessionary tendencies in
the world economy. He has therefore chosen a strategy to concentrate
on increasing investments in the infrastructure sector both in the
public sector and in the private sector through PPP route.
Simultaneously he has taken care that we spend lot more money in
putting in place social safety nets, in increasing our investment
outlays in rural development, agriculture, in healthcare services, in
urban renewal missions. Overall the strategy of the budget is to
ensure that our economy recaptures the rhythm of the accelerated
growth process. Simultaneously it seeks to honour in large measure,
the commitments that we have made to our people to work steadfastly
for the well being of the aam aadmi.”
Question on 7 % growth rate.
PM:
“Well, we are working towards that goal and it is achievable. 7%
growth rate this year is an achievable growth target but it is not
good enough for the medium term, we must move to a growth path of 8 to
9%.”
Question on increased outlay for NREGA.
PM:
“It is very significant. It is a measure of our commitment to the well
being of the poorer sections of our community.”
Courtesy: Press Information Bureau