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Agriculture can deliver double-digit growth

Speaking at conclave Union FM Arun Jaitley said that this is one of the most potential sector

Policy Pulse
Publish Date: Mar 17 2016 1:01PM | Updated Date: Mar 17 2016 1:01PM

Agriculture can deliver double-digit growth

 Finance Minister Arun Jaitley on Thursday said that a sustained focus on eastern part of India as a region and agriculture as a sector can deliver double-digit growth in India.

 
Speaking at the two-day India Today Conclave 2016 that began in New Delhi on Thursday, Jaitley said, "I have been saying that agriculture has the most potential. If we add the eastern part of India geographically, I think India can move towards a double-digit economy."
 
The Budget that Jaitley presented last month has been dubbed a 'dhoti-kurta' Budget - a counter to the opposition Congress jibe of Narendra Modi government being a 'suit-boot ki sarkaar' - with its focus on agriculature and rural development.
 
On the contentious Goods and Services Tax (GST) Bill, Jaitley said he has personally talked to all the Congress chief ministers who support the passing of the legislation.
 
"During the voting on the bill, only Congress walked out. All other parties were in the house. I would still like the Congress party to come on board," Jaitley said, claiming that the number in Rajya Sabha, where the BJP is in a minority, are also in favour of the government.
 
The Congress has been blocking the passage of the GST Bill and has demanded a cap on taxes and removal of additional one per cent levy for producing states.