01-01-1970 12:00 AM | Source: Accord Fintech
Steps taken by government during covid-19 pandemic help economy recover: Anurag Singh Thakur
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Union Minister of State for Finance and Corporate Affairs Anurag Singh Thakur has said that steps taken by the government during the coronavirus disease (covid-19) pandemic have helped the economy recover, and the country is expected to clock double-digit growth in the next fiscal.

The minister has stated that the government will spend Rs 1.97 lakh crore on production-linked incentive (PLI) and has identified more than 10 sectors to be included, which would in turn create job opportunities for the youth. He also said people who are raising apprehension about the recovery of the economy should see GST collections of the past few months. He noted that the GST collection rose, which was over Rs 1.10 lakh crore in the last five year. This was because of the policy adopted by our government.

On the public sector undertakings, Thakur said no one can deny about their contribution, but, with the passage of time, several things have changed. He also said disinvestment has been the policy of every government and even the previous government had tried this and the government has a clear and transparent policy in this regard. He said ‘we have brought schemes as PLI in mobile manufacturing. Earlier, India had only two mobile manufacturing industry and within five years, we have become the second-largest mobile manufacturer of the world.’