Arun Jaitley admits economy has taken a hit, vows tough measure to improve it

Union finance minister Arun Jaitley on Wednesday said that the government will take additional measures to bolster the economy, and the announcement will be made after consulting the Prime Minister.

While addressing a press conference after the cabinet meeting, Arun Jaitley said, “The government has taken note of indications, and will take additional necessary move.”

Reacting on Rohingyas issue, Jaitley said it is a policy issue and the government has filed an affidavit in the Supreme Court in this regard.

This is a policy issue and the government has submitted an affidavit in the Supreme Court in this regard: Arun Jaitley on #Rohingyas pic.twitter.com/B7gbRqclbF

— ANI (@ANI) September 20, 2017

He told union cabinet has also approved the extension of time period of the scheme 'Special Industry Initiative for J&K'-Udaan till 31st December 2018.

Cabinet has approved extension of time period of the scheme 'Special Industry Initiative for J&K'-Udaan till 31st December 2018: FM Jaitley pic.twitter.com/yIKHPhv2Yw

— ANI (@ANI) September 20, 2017

The Centre has also approved payment of Productivity Linked Bonus for Indian Railway employees before festival season.

Cabinet approves payment of Productivity Linked Bonus for #IndianRailways employees,before festival season;incentive to improve productivity

— ANI (@ANI) September 20, 2017