Arun Jaitley argues for deeper engagement with ADB

With Cabinet approval in place for setting up 100 smart cities, finance minister Arun Jaitley on Monday called for “deeper engagement” with the Asian Development Bank.

By: ENS Economic Bureau | New Delhi | Published: May 5, 2015 2:33 am

With Cabinet approval in place for setting up 100 smart cities, finance minister Arun Jaitley on Monday called for “deeper engagement” with the Asian Development Bank (ADB) for projects such as smart cities, industrial corridors as well as railways.

“In addition to supporting conventional infrastructure projects, we would like a deeper engagement on development of smart cities, industrial corridors, rail transport, manufacturing and job creation through flagship initiatives of Make in India and Skill India,” he said at a business session at ADB annual meeting in Baku.

Pointing out India’s higher growth expectations in years to come he said, “Our goal is to place India on a high and sustained growth trajectory through focus on infrastructure , skills development, ease of doing business and reforms including comprehensive social safety net and fiscal discipline.”

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