Saturday, 6 October 2018

Arun Jaitley says, Some more steps prone to limit CAD

New Delhi, Oct 6 Finance Minister Arun Jaitley Saturday said there are some more steps on the anvil to limit the present record deficiency (CAD) and support for inflows.

The government has made a few strides and some more measures are probably going to limit CAD, Jaitley said at the HT Leadership Summit here.

Enunciating some of the steps taken recently, he said the government cut the borrowing target for the current fiscal by Rs 70,000 crore and permitted oil companies to bring USD 10 billion up in one year.

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