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Unleash Animal Spirits, Make India Fastest Growing Economy: Nirmala Sitharaman
The government in September 2019 slashed corporate tax rates by up to 10 percentage points to attract private investment and reinvigorate the sagging economy.
PTI 20 February 2021 PTI photo outlookindia.com 2021-02-20T17:18:59+05:30
Finance Minister Nirmala Sitharaman on Saturday exhorted the private sector to take advantage of corporate tax rate cut and other initiatives of the government, and unleash animal spirits by enhancing investments to make India one of the fastest growing economies of the world.
The government has been waiting for the expansion by the private sector, she said while reminding India Inc of various measures including corporate tax rate cut, policy consistency, ease of doing business, among others to facilitate investment.