FM would be looking at requirements of MSMEs: R. Koteeswaran, CEO, IOB

New Delhi Feb 27 (KNN) Union Finance Minister Arun Jaitley is ready to present his second full-fledged budget on Monday. People from across the sectors are coming out with their expectations from the budget. The Chief Executive Officer (CEO) of Indian Overseas Bank (IOB) R. Koteeswaran said that Government is rightly thinking on the sides which are required.

Talking to KNN, he said that Finance Minister would definitely look at the importance of Micro, Small and Medium Enterprises (MSMEs) and would come out with some initiatives to boost the sector.

He said that Government’s focus is on increasing Make In India and Skill Development in India.

More Job opportunities need to be created as the population is exploding, he said.

With FM Arun Jaitley to present the Union Budget 2016-17 on Monday, a closer look at India's turbocharged economic growth figures, which have been tom-tommed frequently, reveals a reason to worry: It's the wrong kind of growth. The figures themselves have been criticized by many analysts for giving too flattering a view of Asia's third-largest economy. (KNN Bureau)