Jaitely also launched a web responsive service portal to ease access to information relating to the status of pension cases and speedy redressal of grievances
Inaugurating a webportal for pensioners, Jaitley said govt money should be calibrated with utilisation and it cannot be allowed to lie idle
Portal will provide a one-stop solution for pensioners to access information relating to status of pension cases, and pension payments
He also said that India's economy needed to grow faster than the 7.1 per cent
GDP growth was 7.1 per cent in the first quarter of the current financial year
PSBs control seven tenths of assets in the financial system
He said there is an opportunity to uplift sections of society which are economically backward and illiterate
He also recalled that how trade unions opposed the Seventh Pay Commission proposal to have a contributory social cover
Jaitley said it is important to quickly address the issues related to the construction sector, which contributes 8% to the country's GDP
Foreign investment is important for India in order to have larger investment in infrastructure sector, said Jaitley
The advancing of the general Budget will help improve public spending and implement tax proposals from the very start of financial year, claimed Jaitley
Bonus Amendment Act will be implemented strictly, said Jaitely
Jaitley pointed out that many Indian states were growing at 10-11 per cent and offered opportunity for US investment
The conference will debate and deliberate dispute settlement and enforcement of treaty awards among other things
Implementation in a time-bound manner is very crucial in order achieve the desired goals of IBC 2016, emphasised Jaitely
To curb speculation and check price rise of the sweetener during festival season
Centre scrapped the Rail budget and merged with the general Budget
He will review the first quarter performance of public sector banks and will also discuss credit growth and bad loan situation
He also slammed Pakistan for the current unrest in Kashmir