India’s Finance Minister Arun Jaitley on Monday has inaugurated the annual session of industry chamber Confederation of Indian Industry (CII).
The program is primarily based on the theme “Building National Competitiveness” and the key objectives are to focus on approaches in order to strengthen national, human and industry competitiveness for a more resilient and accelerated economy.
Addressing the Annual Session 2016, finance Minister has shared two effective approaches to remain competitive. In this regard, he said, ” we need to move towards lower lending & lower deposit rates to remain competitive.”
“Hope that Economy in 2016-17 will be led by Industry rather than by Government with more investment from Private sector,” Finance Minister added.