The recent FDI liberalisation measures will create additional jobs, besides encouraging ‘Make in India', Finance Secretary Ashok Lavasa has said.
The NDA Government had a few days ago liberalised the FDI regime in several critical sectors of the economy.
Addressing the Managing Committee members of PHD Chamber of Commerce and Industry here, Lavasa also expressed confidence that fiscal deficit will be reined in at the targeted 3.5 per cent of GDP this fiscal.
He expressed hope that the GST Bill (constitutional amendment) would be passed in the Rajya Sabha in the monsoon session of Parliament.