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Chidambaram promises more reforms
March 23, 2013
Announcing further liberalisation of FII investment norms, Finance Minister P Chidambaram today said the government is "steadily and surely" working on next generation of reforms to put the economy back on high growth path.
Addressing the National Editors Conference here, he said with liberalisation of FDI and other measures, the government has travelled considerable distance on the road to fiscal consolidation and reforms.
In further liberalisation of norms for investment by Foreign Institutional Investors (FIIs) in government securities and corporate bonds, he said norms have been rationalised.