Govt to cut down non-essential imports, increase exports to expand CAD: Arun Jaitley

Union Finance Minister Arun Jaitley gave a briefing of the meeting he held with Prime Minister Narendra Modi along with other officials, on Friday. Speaking on the Indian economy, Union Minister said, "To address the issue of expanding CAD (Current Account Deficit) the government will take necessary steps to cut down non-essential imports and also increase exports."