Government takes several steps to fight inflation and revive growth of the economy
Delhi The Government has undertaken several steps to revive the growth of the economy and thereby increase Per Capita Income. The measures outlined in the Union Budget 2014-15 and subsequent measures taken by the Government included: fillip to industry and infrastructure through fiscal incentives and concrete measures for transport, power, and other urban and rural infrastructure; measures for promotion of Foreign Direct Investment in selected sectors; deregulation of diesel prices and finalization of natural gas pricing policy; 'Make in India' initiative along with the attendant investment facilitation measures; labour reforms, mainly related to inspection and apprenticeship; amendments in the Land Acquisition, Rehabilitation and Resettlement Act 2013 and Coal Mines Ordinance 2014; financial inclusion and boost to saving through Pradhan Mantri Jan-Dhan Yojana; initiatives under Skill India and initiatives under direct benefit transfer (DBT), have all have a direct bearing on the income of the people.