01-01-1970 12:00 AM | Source: Accord Fintech
Government pursuing reforms to make India one of world`s top economies in coming decades: Sitharaman
News By Tags | #248 #252 #2448

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Finance Minister Nirmala Sitharaman has said that the government, undeterred by the COVID-19 pandemic, has been pursuing reforms for achieving sustained long-term growth in a bid to make India one of the top economies of the world in the coming decades. She also said that the Prime Minister did not lose any opportunity to continue with the reforms and this Budget has set the pace for India to become self-reliant or Aatmanirbhar.

The minister has stated that her Budget for 2021-22, has provided the highest capex growth of 34.4 percent by providing more money to railways, roads and defence. Referring to a series of measures taken to stimulate the economy hit by the pandemic, she said COVID-19 did not deter the government from taking up reforms, which are going to be necessary for sustaining long-term goals for this country.

On handling of COVID-19 pandemic, Sitharaman said ‘the death rates are the lowest in the world, active cases have come down... we have actually managed to bend the curve. And as a result, the revival of the economy looks a lot more sustainable and this Budget gives necessary impetus.’