Pranab says no stimulus withdrawal this year

摘要

The Government is likely to exit from the stimulus packages only in phases as and when the economy fully recovers from the financial crisis. It also indicated that there will not be any withdrawal of stimulus in this calendar year.rn'The short-term stimulus will not be unwound until a recovery is firmly in sight," the Finance Minister, Mr Pranab Mukherjee, said on 17* Nov 09 in New Delhi, addressing a seminar on 'Competition, Public Policy and CommonrnMan' organised by CM and the Competition Commission of India.rnSpeaking to reporters on the sidelines of the function, the Cabinet of the function, the Cabinet Secretary, Mr K. M. Chandrasekhar, said, "Right now, all indications suggest that there is no move to change the stimulus. General indication today is that stimulus will continue for this year. Let us not think stimulus is something that will be withdrawn all at once."