Updated Dec 18, 2020 | 06:22 IST
FM Sitharaman says while in early 2020 green shoots and revival signs of the economy were visible, it was upset with the pandemic setting in. Finance Minister Nirmala Sitharaman. (File photo)
Kolkata: Finance Minister Nirmala Sitharaman said on Thursday that the government has taken several measures to support the economy but no amount of intervention will be adequate to deal with the crisis triggered by the Covid-19 pandemic.
Addressing the annual general meeting of the Indian Chamber of Commerce (ICC), Sitharaman said that while in early 2020 green shoots and revival signs of the economy were visible, it was upset with the pandemic setting in.
Broad-based revival on, Budget to push infra spending: FM Sitharaman
Efforts to disinvest some of the big central public sector enterprises are on track, she said, adding India’s strong macro-economic fundamentals are attracting record FDI even during the pandemic. December 18, 2020 3:00:31 am
Finance Minister Nirmala Sitharaman. (File Photo)
Finance minister Nirmala Sitharaman on Thursday said clear signs of broad-based revival of the economy was visible and reiterated that the upcoming budget would accelerate public investments in infrastructure.
“Even as we are going towards the making of the next budget after an extraordinary year with challenges… I would like to assure that public expenditure will continue and with better pace.. Capital expenditure from the public sector undertakings particularly for infrastructure will be (accelerated)” Sitharaman said addressing a virtual session by Indian Chamber of Commerce (ICC).
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