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Sitharaman asks India Inc to join in a big way

by Blitzindiamedia
February 27, 2024
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NEW DELHI: Hinting at the need for higher private capital expenditure, Finance Minister Nirmala Sitharaman appealed to the corporate sector for greater participation in the nation’s economic growth trajectory.

Speaking at the FICCI’s National Conclave on Viksit Bharat, Sitharaman said that global investors are trusting India as they see the prospects here. “You are here, you are watching the situation, watching the flow of investment capital,” she said.

Sitharaman asked the Indian industry to ‘join in a big way’ and said they should look for greater joint venture partnerships around the world.

She also laid emphasis on continuation of reforms, which will touch on all factors of production, including digital infra.

“We have taken measures to ensure no business is working under duress or burden of compliances,” Sitharaman said adding that many systemic reforms will continue to take place.

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