You can speak against the PM, but then…: Union Finance Minister Nirmala Sitharaman on business in India

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FM Nirmala Sitharaman: Union Finance Minister Nirmala Sitharaman on Saturday said India has become an attractive investment destination and advanced economies find it right to befriend because of its skilled youth power, captive domestic market, technology-driven public investment and rule of law. Are. Nirmala Sitharaman said that you can speak against the government. You can speak against the Prime Minister, but then you are there to do your work, so no one is picking you up and making you disappear from the world, nothing like that happens. The Finance Minister said that businessmen are respected for what they do.

In Raisina Dialogue 2023, the Finance Minister said…

Finance Minister Nirmala Sitharaman said these things in Raisina Dialogue 2023. Responding to a question on India’s reasons for being confident of sustained growth despite adverse global conditions, Nirmala Sitharaman said the country has the right combination that counts for a robust growth. India has youth power, a middle class that provides fixed purchasing power, technology-driven public investment in sectors such as infrastructure, health education and fintech, and a captive market with frequent but understood rule of law, he said. Is. He said that the investor-friendly approach is not limited to the Center alone. Many of them are actually getting into this race of saying is my state attractive enough? Are we attractive enough to attract further investment?

There is no hurry to sell everything to the government

Union Finance Minister Nirmala Sitharaman made it clear on Saturday that the government is not in a hurry to sell everything and will maintain its presence in four strategic sectors, including telecom. The minimum presence of existing public sector commercial enterprises in strategic sectors will be kept under government control at the holding company level. The rest of the enterprises in this sector will be considered for privatization or merger with another Public Sector Enterprise (PSE) or closure. He said that atomic energy, space and defence, transport and telecommunications, power, petroleum, coal and other minerals and banking, insurance and financial services have been identified as four broad strategic sectors under the PSE policy.

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