Finance Ministry working on strategies to segregate economy from geo-political shocks: DIPAM Secretary

Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla has said that the finance ministry is doing weekly capital review of all public sector undertakings. He added that the ministry is working on strategies to segregate the Indian economy from geo-political risks.
Besides, he highlighted that public sector enterprises account for almost 15 per cent of total market capitalisation. Further, he assured that the government is confident about continuing their capital expenditure.
Recently, the US President Donald Trump had announced 25 per cent tariffs on India and an additional penalty for its trade with Russia. The tariffs will come into effect from August 7.








