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Budget has Unleashed Third Generation of Reforms: Jayant Sinha
28 Feb 2015, 09:41 PM IST
Minister of State for Finance Jayant Sinha told NDTV's Vikram Chandra late on Saturday that the Union Budget 2015-16 has unleashed the third generation of reforms.
Here are the highlights of the discussion:
- Basic thought process is 'Sabka saath, sabka vikaas, sabka laabh'
- We have unleashed the third generation of reforms with this Budget
- We have reset the fiscal architecture of the Indian government, put in place the beginnings of a universal safety net scheme
- We have changed the monetary policy paradigm
- Budget is a plan of what you are going to do
- We have reset the fiscal architecture of the Indian government, put in place the beginnings of a universal safety net scheme
- You can't expect the execution to happen as the budget is read out, it happens the next day the day after; we are a round the year government
- What we're doing in innovation and entrepreneurship is truly exciting
- Just see the pro-active nature of the governance that we are providing.
- In a very short period of 9 months, we have got a good handle on very entrenched problems
- We have done the gameplan, now we go out and execute it
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