Economy

Moving Towards A New Economy For A New India: Jayant Sinha On Union Budget India 2018

Written By Digital Desk | Mumbai | Published:

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  • Former Minister of State for Finance, current Member of Parliament and Minister of State for Civil Aviation, Jayant Sinha hailed current FM's efforts
  • Ahead of the Union Budget 2018, Sinha exclusively spoke to Republic TV about the impact of general elections on this budget

Ahead of the Union Budget speech on February 1, former Minister of State for Finance, Jayant Sinha spoke exclusively to Republic TV on the same. 

Minister of State for Civil Aviation Jayant Sinha hailed current finance minister Arun Jaitley’s efforts, he referred to him as one of the “most accomplished balanced and pragmatic political leaders in India. 
 

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Further lauding his efforts, he said, "Jaitley has demonstrated that he can handle financial and economic aspects - and he has balanced the politics of it too. It is a very difficult balancing act, where you can show good economics also equals good politics is something he has masterfully pulled off”

“Only and only Arun Jaitley and of course working in tandem with the Prime Minister could have made GST happen in this country”

 

Moreover, Sinha applauded the manner in which Jaitley handled the “GST council and got everything through via consensus”.

Read | Union Budget India 2018: Will The Budget Push For Renewable Energy Generation?

Talking about the overall health of the economy, he said, “the economy because of GST and demonetisation having been settled, is now moving to top gear. The economy is in robust good health”

Highlighting the impact of general elections on the budget he said, “this budget, because we are in an election year, is to be examined as a political document much more so than as an economic document.”

“You have to look at it from the perspective of  the farmers, youth, women and middle class these are important sections of society from a political point of view. And we address their needs and concerns.”

 

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