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Finance Minister Nirmala Sitharaman has said that the Union Budget 2021-22 is about the role of government as a facilitator and the private sector as a key driver of economic growth, without which the country would be losing a big opportunity. She said 'the most important component or input required here is the participation of the private sector'. She noted that unless the private sector is energized enough unless it is facilitated enough, India is just losing a very big opportunity.

Sitharaman underlined that the nation's growing and aspiring needs and demands across the various sectors cannot be served just by the state government and central governments put together. She pointed out that the stimulus package, which largely depended on the government's borrowing, was aimed at sectors that provided the multiplying effect such as infrastructure, the budget funding, where public expenditure was going to be undertaken.

Observing that the Centre has clearly funded stimulus with the borrowed money, the minister said the government was aware of fiscal management. She also stated that debt to GDP, another indicators which are important for a healthy economy, has to be carefully managed in such a way that sooner in a sense, in a reasonable time frame, the fiscal deficit will also be kept under the healthy level and not let unattended for decades together.