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Substantial stimulus in next budget,says Montek in Davos

Fiscal stimulus in India figured prominently in the global meet of world political and business leaders...

Written by Press Trust Of India | Davos | Published: February 1, 2009 12:19 am

Fiscal stimulus in India figured prominently in the global meet of world political and business leaders here with an assertion that if the UPA government comes back to power there will be a “substantial” package in the next budget. “The real budget will be presented by the government after the elections. But we are working on what that budget should be. Certainly,if this government comes back,as I hope it will,then that budget will include a very substantial fiscal stimulus aimed at infrastructure sector,” Deputy Chairman of the Planning Commission Montek Singh Ahluwalia said.

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