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Saturday, February 7, 2009

Govt to support Labour-intensive sctors: Pranab

External affairs minister Pranab Mukherjee, who is looking after the finance portfolio, informed that the government would take more and more steps to support the labour intensive sectors.

Mukharjee also supported the Gandhian model economy and termed such model with rural focus is the need of the hour. Due to the global financial crisis, there were many job losses. Many suffered loss due to this global turmoil.

The government support is required to protect most the sectors. The export sectors is one of the worse hit among other sectors. The loss of jobs in export sector is said to be more and exporters have been expecting relief from he government in the budget.

It is expected that the government might induct more and more policies in the interim budget the to be present on February 16. Pranab will present the interim budget in the Parliament and he would try to draw a balance between populace policy and required polices in the interim budget.

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