CII expressed happiness over the Finance Minister's comments on high interest rate and putting in place a plan for fiscal consolidation while controlling inflation. Notably Chidambaram has signaled that in days to come the key policy rates could be reduced.
ASSOCHAM has also welcomed finance minister, P. Chidambaram’s statement, ordering a complete review of “retrospective elements in tax policy”. In a statement it said that the minister’s statement should help restore confidence among foreign investors and India should see a resumption of flow of funds from overseas.
The most popular citizen journalists' reports on merinews chosen automatically on the basis of views and comments
View more jobs