India Needs Fiscal Discipline

Union Textiles Minister Smriti Irani today said the country needed “fiscal discipline” to build a strong economy, and citizens’ cooperation would go a long way in this regard, PTI reported. “Benefits of demonetization need to percolate down to entrepreneurs and their enterprises, many of which are outside the ambit of formal economy,” Irani said at the 31st regional conference of Western India Regional Council of Institute of Chartered Accountants of India in Mumbai Saturday. “The country needs fiscal discipline to build a strong economy and for social justice,” she said.