Govt to come out with expenditure plan in 10 days: Montek

Written by:
Subscribe to Oneindia News

New Delhi, Nov 18 (UNI) Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the government will finalise in next 10 days an outlay plan for public expenditure in various sectors to spur the country's overall growth.

''We are reviewing in which sectors public expenditure should be the next 10 days we will have a clear picture,'' Dr Ahluwalia told UNI here on the sidelines of India Economic Summit.

This move comes at a time when private sectors are reluctant to invest amidst the global economic slowdown.

Mr Ahluwalia said the money would be spent on projects that would be built through the Public-Private Partnership (PPP).

Earlier in the day, Minister of State for Industry Ashwini Kumar said the government has finalised an extensive programme for giving stimulus to the infrastructure sector.

It is learnt that the government has decided to inject Rs 50,000 crore for funding infrastructure projects in the country.

Meanwhile, Dr Ahluwalia also said the GDP growth would be between 7 to 7.5 per cent during the current financial year.


Please Wait while comments are loading...