Gung- Ho : Finance Minister Nirmala Sitharaman On Why India Is The Destination Of Businesses ; Points Factors That Matter For A Growing Economy

Picture : twitter/ ANI

Noting that India is the destination for businesses, Finance Minister Nirmala Sitharaman has said that the country has the right combination of factors that matter for a growing economy including a middle class, captive market with purchasing power, technology-driven public investment and products, digital infrastructure and rule of law.

In her remarks during an interaction at the Raisina Dialogue as reported by ANI, Sitharman also said that there is no sector in India that is not available for the private sector and rejected opposition criticism that government is on a selling spree of public assets.

“There is no sector in India that is not available for the private sector to be in function. Public sector policy is not a crazy one and the government is not selling out everything. Opposition fully understands the meaning but says we are selling them off. We are not selling them off,” she said.

She said India is putting across voice of the Global South at G20. Sithraman said that well-trained youth, middle class giving a captive market, technology-driven investment and public infrastructure were among reasons for India’s sustained growth.

Referring to climate finance, she said both adaptation and mitigation need to be discussed. “There is a greater readiness to discuss the Global South and their needs.”