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Want to see pvt sector unleash its animal spirits: Sitharaman
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New Delhi, Feb 21 (TIWN) Finance Minister Nirmala Sitharaman on Saturday said that the Union Budget 2021-22 has assured clarity and certainty on policy, taxation, infrastructure capex and privatization and now it is entirely up to the private sector to invest and expand capacity for long-term and sustainable economic growth.
“I have been waiting for investment and expansion and I want to see the private sector show its animal spirits,” Sitharaman said during her address at the All India Management Association’s 65th Foundation Day celebrations.
Sitharaman said that she has provided long-term certainty with short-term stimulus in her budget. She urged AIMA to nudge Indian business into investing and expanding capacity.
Sitaraman emphasized that the government was committed to multi-year stimulus spending to support sustained economic recovery.
She asserted that this year’s budget was about charting a clear and certain path for the next decade. “Each word of this budget is full of meaning, so make the best use of it,” she told the management leadership of the country.
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