Major Focus of the Government is to Bring Back the Growth Momentum: Finance Minister

The Union Finance Minister Shri Arun Jaitley said that the major priority of his Government is to bring back growth momentum into countrys economy. He said that higher growth leads to more revenue collections, better employment opportunities and increase in Governments capacity to finance social sector programs among others. The Finance Minister Shri Jaitley said that in the last couple of years, there was a slow down in industry including manufacturing sector and decline in the investment resulting in growth of less than 5 per cent. The Finance Minister Shri Jaitley was making his opening remarks here today at the First Meeting of the Consultative Committee attached to the Ministry of Finance on the subject Sustaining Growth Momentum The Road Ahead.