Budget 2019: Crucial To Manage Inflation, Exchange Rate, Says Nirmala Sitharaman

It is crucial to manage inflation and the exchange rate, Finance Minister Nirmala Sitharaman said in the Rajya Sabha on Friday. She was speaking on the proposals made by the government last week in the Union Budget for 2019-20. Replying after a general discussion on the Union Budget 2019-20 in the Rajya Sabha, the Finance Minister said "comprehensive steps" have been envisaged for the next 10 years.

The Finance Minister also said the big picture presented in the Budget is backed with a plan to increase investment without compromising on the fiscal consolidation roadmap.

The target of putting India in the $5-trillion club is not "without a plan", she said.

She also reiterated the government's intent to invest Rs. 100 lakh crore in the infrastructure sector over the next five years.