每日一读2014年7月高考英语考前突破 阅读理解能力 财经新闻 印度新政府将推行改革新方案.docVIP

印度新政府将推行改革新方案 Indias new government is lifting some caps on foreign investment, tightening borrowing limits and plans to introduce a goods and services tax as part of what it calls a budget for growth. 印度新政府将对国外投资取消一些限制，收紧借款限额并计划引入商品及服务税，这些举措是该政府称为“发展预算”的一部分。 Finance Minister Arun Jaitley (centre) promised to strive for a vibrant and strong India ? Finance Minister Arun Jaitley said Indias people were exasperated after two years of economic slowdown.? ? Indias economy has slowed markedly in recent years, growing by 4.7% in 2013-14. In 2010-11, growth was 8.4%. ? Mr Modis government has promised reforms aimed at creating jobs. ? The budget is also expected to contain measures designed to slow inflation. ? We shall leave no stone unturned in creating a vibrant and strong India, Mr Jaitley told reporters ahead of presenting the budget. ? Deficit target ? Later, Mr Jaitley told the parliament that Asias third largest economy would grow at rate of 7-8% within three to four years, and announced that his government would increase caps on foreign investment in defence and insurance sectors to 49% from 26%. ? He also set a fiscal deficit target of 4.1% of gross domestic product (GDP) for this year with further cuts in coming years - 3.6% in 2015-16 and 3% in 2016-17. ? We cannot leave behind a legacy of debt for future generations, he said. ? Mr Jaitley also spoke about plans to introduce a goods and services tax (GST) this year.? ? He also said the government planned to sell an unspecified amount of shares in debt-laden state-owned banks, which are in need of fresh equity. ? Other highlights of the budget include earmarking $1.13bn to build 100 smart cities and plans for more targeted food and petroleum subsidies. ? Shubhada Rao, chief economist of Yes Bank, told Reuters that the budget was a good beginning. ? Fiscal consolidation（财务整顿） is a strong takeaway. Foreign direct investment in insurance and defence and the plethora（过多） of schemes for improving the rural economy w