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Public Sector Banks To Get 2.11 Lakh Crore, Says Arun Jaitley

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Macro economic fundamentals are strong and GDP growth is poised for a take-off with the economy turning around, the government said today as Finance Minister Arun Jaitley and top officials presented a detailed economic roadmap. Among big ticket announcements made today was an "unprecedented" infusion of Rs. 2.11 lakh crore in public sector banks to boost lending. The government also said that 83,677 km of highways will be built in the next five years to "create more jobs, more growth."

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