New Delhi: Prime Minister Manmohan Singh on Monday said the Union Budget 2009-10 is aimed at minimising the "impact of the global recession" and achieving 8 to 9 per cent growth in the medium term.
Describing the budget as rural-development-oriented, Singh said its focus was to ensure that short-term requirements of the economy as well as medium-term goals were achieved.
"The Finance Minister has done an admirable job," the Prime Minister said minutes after the Union Budget for 2009-10 was presented in the Lok Sabha by Finance Minister Pranab Mukherjee.
"We should aim to achieve 8-9 per cent growth in medium term," Singh said.
Describing the budget as rural-development-oriented, Singh said its focus was to ensure that short-term requirements of the economy as well as medium-term goals were achieved.
"The Finance Minister has done an admirable job," the Prime Minister said minutes after the Union Budget for 2009-10 was presented in the Lok Sabha by Finance Minister Pranab Mukherjee.
"We should aim to achieve 8-9 per cent growth in medium term," Singh said.
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