Reuters cited Mr Montek Singh Ahluwalia the deputy chairman of the country's Planning Commission as saying that the government's 2009-10 budget was pro growth and addressed the stimulus needs of the economy.
Mr Ahluwalia said when asked if the Monday's budget provided required stimulus for the economy "Yes, I think so."
He said the commission would carry out a mid term review of its current 5 year economic plan and that would be reflected in next year's budget.
(Sourced from http://www.steelguru.com/news/index/2009/07/09/MTAxNDM1/Budget_addressed_stimulus_needs_-_Mr_Montek.html)
Wednesday, July 8, 2009
Budget addressed stimulus needs - Mr Montek
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