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Finance Minister Nirmala Sitharaman hints at aggressive privatisation, spending


Says Centre will better the pace of public expenditure going forward
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By Express News Service
NEW DELHI:  Asserting that the government will not shy away from taking strong decisions, Finance Minister Nirmala Sitharaman on Thursday said that the Centre will move ahead with its aggressive divestment policy and continue to roll out strong reforms. 
“(This is) a government which is looking at progressive reforms, a government which does not shy away from taking very strong decisions. And a government which has made very clear that the disinvestment agenda, for which the cabinet has given clearance, will go on,” she said addressing the annual general meeting of the Indian Chamber of Commerce (ICC). ....

Pawan Hans , Indian Chamber , While The Centre , Air India , Bharat Earth Movers Ltd , News Service , Union Budget , National Infrastructure Pipeline , Express News , Finance Minister Nirmala Sitharaman , Scooters India , Shipping Corporation , பவன் ஹான்ஸ் , இந்தியன் அறை , போது தி மையம் , அேக இந்தியா , பாரத் பூமி மூவர்ஸ் லிமிடெட் , செய்தி சேவை , தொழிற்சங்கம் பட்ஜெட் , தேசிய உள்கட்டமைப்பு குழாய் , எக்ஸ்பிரஸ் செய்தி , ஸ்கூட்டர்கள் இந்தியா , கப்பல் போக்குவரத்து நிறுவனம் ,

Government to press ahead with PSU stake sale: Finance Minister Nirmala Sitharaman


Government to press ahead with PSU stake sale: Finance Minister Nirmala Sitharaman
Photo Credit: PTI
The government will press ahead with the sale of public sector companies that have been approved by the Cabinet, Finance Minister Nirmala Sitharaman said on Thursday.
Highlighting that FDI flow into India is much higher compared to other emerging economies, she said India s strong macroeconomic fundamentals, ability to do reforms and a stable government help attract long-term foreign funds into Indian businesses.
Even during the pandemic, our efforts to disinvest some of those big companies are going on fine. The EoIs have come in, the next stage is going on and even within this financial year. I expect DIPAM to be able to prove that they are even more actively engaging in those disinvestments for which cabinet has already given approval, Sitharaman said while addressing the AGM of the Indian Chamber of Commerce and Industry (ICC). ....

Nirmala Sitharaman , Aatmanirbhar Bharat , Pawan Hans , Indian Chamber , Air India , Bharat Earth Movers Ltd , National Infrastructure Pipeline , Finance Minister Nirmala Sitharaman , Scooters India , Shipping Corporation , Cement Corporation , Direct Investment , பவன் ஹான்ஸ் , இந்தியன் அறை , அேக இந்தியா , பாரத் பூமி மூவர்ஸ் லிமிடெட் , தேசிய உள்கட்டமைப்பு குழாய் , ஸ்கூட்டர்கள் இந்தியா , கப்பல் போக்குவரத்து நிறுவனம் , சிமென்ட் நிறுவனம் , நேரடி முதலீடு ,