New Delhi: Finance minister P Chidambaram today hinted
at more steps to control inflation, saying the government
would strive for high and inclusive economic growth saying
that he preferred a multi-pronged, multi-sectoral approach
After tabling the economic survey for 2006-07 in Parliament
he told reporters that the outlook on the Indian economy
remained positive and the government would strive to sustain
high growth without stoking inflation.
who present the Union Budget for 2007-08 tomorrow, said,
that the government would continue to take steps to curb
inflation. "We share the concern (of common man)
on the price rise," he emphasised.
finance minister reiterated that the economy is likely
to reach the growth domestic investment target at the
start of the 11th 5-year plan. He stated that there should
be sustainable high growth without fuelling inflation
and highlighted that the nature of growth was important.
said the priority areas included how to maintain and manage
high economic growth. "Fiscal prudence and high investment
remain a priority," he emphasised, adding, "Steps
would also be taken to achieve inclusive growth, which
include making government interventions effective."