Ensuring adequate and timely credit delivery to employment intensive sectors is pivotal to inclusive and sustainable growth, said the CII release.
However, CII took this opportunity to reinforce its earlier demand for fuel price corrections in the domestic market to deal with the situation of rising international fuel prices.
CII had earlier recommended that prices, levies and duties on oil need to be recalibrated in such a way that the burden of oil price hike is shared between the government, the Oil Marketing Companies and the consumers.
Confederation of Indian Industry
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