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Government takes several steps to fight inflation and revive growth of the economy

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Delhi
Last Updated : Mar 05 2015 | 12:21 AM IST
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.

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First Published: Mar 04 2015 | 12:21 AM IST

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