Acting Finance minister Pranab Mukherjee today said there is need to accelerate policy reforms including financial sector. At the time of unveiling the interim general budget for 2009-2010, he said there may be a need for additional measures in the full-fledged budget by the new government given the global financial crisis. He said now is the time for extraordinary measures. He said the government has relaxed the fiscal responsibility and budget management (FRBM) targets.
He said while India has weathered the inflation crisis, there is no room for complacency. He said 2008/09 farm outlook is encouraging.
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