Budget 2017: PM Narendra Modi orders DIPP to focus on impactful steps for economy, job creation, but cost less

The departments of commerce as well as industrial policy and promotion are focussing on measures that are important and yet have “limited budget implications” so that they can be considered for inclusion in the upcoming Budget papers, senior government officials told FE.

The process started after a directive from the Prime Minister’s Office (PMO) to identify all those steps that are crucial in terms of their potential impact on the economy and job creation and yet cost less to the exchequer, in addition to the usual “large measures”, said one of the officials.“The aim is to go for particularly low-hanging fruit with limited budget implications,” said another official.