WION Web TeamDelhi, IndiaSep 14, 2018, 10.48 PM (IST)
Union Finance Minister Arun Jaitley on Friday stated that the government will take necessary steps to cut down non-essential imports to curb the expanding current account deficit (CAD), news agency ANI reported.
According to reports, Jaitley also said that the government will boost exports to check the widening CAD.
PM held a meeting today in which RBI's governor & deputy governor, officials of finance ministry & PMO officials were present. In the meeting RBI Guv gave a detailed presentation about the condition of world's economy & external factors which can affect Indian economy: A.Jaitely pic.twitter.com/67BJnFTDpK
Prime Minister Narendra Modi on Friday held a meeting which was attended by the RBI governor, deputy governor, officials from the finance ministry and Prime Minister's office.
To address the issue of expanding CAD (Current Account Deficit) the govt will take necessary steps to cut down non-essential imports and also increase exports: FM Arun Jaitley in Delhi pic.twitter.com/ZlfU1JZQLR