Demand, supply should be increased to offset slowdown: Pranab

Demand, supply should be increased to offset slowdown: Pranab
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First Published: Sun, Feb 22 2009. 04 24 PM IST
Updated: Sun, Feb 22 2009. 04 24 PM IST
By PTI
Kolkata: Finance minister Pranab Mukherjee today stressed the need for increasing domestic demand and supply by development of infrastructure to tide over the current economic recession.
“We all agree that domestic demand and supply will have to be increased to tide over the current economic crisis for which infrastructure needs to be developed and rural economy strengthened,” Mukherjee said at the foundation stone-laying ceremony of the East-West Metro corridor at the Salt Lake Stadium.
Projects like the East-West corridor would go a long way in the development of infrastructure, he said adding it would also generate employment.
Altogether five lakh people would use the East West Metro once it is complete, he said.
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First Published: Sun, Feb 22 2009. 04 24 PM IST