Updated Dec 19, 2020 | 13:42 IST
While delivering the keynote address at Assocham Foundation 2020 event, Modi also urged the citizens to exert all pressure in order to achieve Atmanirbhar Bharat. India received record investment during coronavirus pandemic: PM Modi at Assocham event | Photo Credit: Times Now
Key Highlights
FDI into India grew by 15% to $30 billion during the first half of the current fiscal, as per government data released earlier
Prime Minister Narendra Modi also presented the ‘Assocham Enterprise of the Century Award’ to Tata Group
Tata Sons Chairman Emeritus Ratan Tata received the award on behalf of the conglomerate.
New Delhi: Prime Minister Narendra Modi on Saturday said the world has confidence in India which is reflected in record-high foreign investment into the country.
FM Nirmala Sitharaman promises a vibrant Budget 2021
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Last Updated: Dec 16, 2020, 08:35 AM IST
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Synopsis
Public spending on infrastructure is one way that multipliers will work and ensure the economy s revival is sustained, she said.
PTI
The government will likely present the budget for next financial year on February 1.
New Delhi: The forthcoming Union budget will “definitely sustain the momentum of public spending in infrastructure” and have a “vibrancy” to ensure sustainable revival of the economy, finance minister Nirmala Sitharaman said on Tuesday. Also, the disinvestment activity will soon pick up pace, she said at the Assocham Foundation Week. “I am conscious that the forthcoming Budget will have a vibrancy that is so required for the economy s revival, sustainable revival,” Sitharaman said.
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Highlights
The Finance Minister said the emphasis on public expenditure for infrastructure through CPSEs will definitely be kept up
The National Investment and Infrastructure Fund (NIIF) is doing its best to attract funds from abroad
She also said with the COVID-19 vaccines set to be rolled out, we can be lot more confident that this pandemic will be behind us and we shall surge forward as an economy
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday (December) said the upcoming Budget for 2021-22 will sustain the momentum of public spending on infrastructure and have a vibrancy to ensure the economic revival continues. She also said the pace of disinvestment, which has been hit by the COVID-19 pandemic, will pick up in the coming months.
Budget 2021-22 to Push Infra Spending, Have Vibrancy to Ensure Economic Revival: Nirmala Sitharaman
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Finance Minister Nirmala Sitharaman on Tuesday said the upcoming Budget for 2021-22 will sustain the momentum of public spending on infrastructure and have a vibrancy to ensure the economic revival continues. She also said the pace of disinvestment, which has been hit by the COVID-19 pandemic, will pick up in the coming months. We shall definitely sustain the momentum of public spending in infrastructure. Because that is the one way we assure that the multipliers will work and the economy s revival will be sustainable.. I am conscious that the forthcoming Budget will have a vibrancy that is so required for the economy s revival, sustainable revival, she said at the Assocham Foundation Week.
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