Good monsoon to aid in accelerating economic growth: FM Jaitley

Finance Minister Arun Jaitley on Thursday said in Lok Sabha that good monsoon will aid in accelerating economic growth.

Updated: May 05, 2016, 13:09 PM IST
Good monsoon to aid in accelerating economic growth: FM Jaitley

Zee Media Bureau

New Delhi: Finance Minister Arun Jaitley on Thursday said in Lok Sabha that good monsoon will aid in accelerating economic growth.

NPA of banks is an issue of concern, Jaitley said while replying to debate on Finance Bill 2016.

He further said that hiding NPAs will not resolve the problem and it should be reflected in balance sheets and addressed through capitalisation.

Tax notices have gone to all names revealed in Panama paper leak case, FM further added.

FM also ruled out withdrawal of one percent excise duty on gold.