Finance Minister appeals to private companies to speed up economy, read full statement

Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman, addressing India Inc on Saturday, called for new investments to make India one of the fastest growing economies in the world. He said that with the steps taken by the government and participation of the industry, I hope that the Indian economy will be back on track in the coming days.

  • News18No
  • Last Updated:February 20, 2021 1:34 PM IS

New Delhi. Finance Minister Nirmala Sitharaman, while addressing India Inc on Saturday, called for new investments to make India one of the fastest growing economies in the world. To make one of the fastest growing economies of the world, the corporate world should increase its capacity and invest.

He further added, “We need to increase capacity, need to expand, we need to produce many such products, which are very important for the economy.” Finance Minister Nirmala Sitharaman has hoped to return to the track of economic activities. He said that with the steps taken by the government and participation of the industry, I hope that the economy will be back on track in the coming days.

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He said that after the reduction in tax, I am expecting to see a rapid expansion in India. I am also expecting more investment from the private sector. Explain that the government had reduced the corporate tax rate by about 10 percentage points in September 2019 for growth in the economy.



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