Finance Minister Nirmala Sitharaman said Monday that the government is aiming for a sustainable economic recovery and that the budget proposals to build infrastructure are an attempt to create a multiplier effect to boost growth.
Speaking to industry representatives in Mumbai on the first day of her two-day visit to the city, the finance minister said in a post-budget interview that the budget was drafted as the economy is emerging from the effects of the pandemic. .
“A sustainable recovery is what we would like. The budget has a growth revival as a priority, along with messages for sustainability as a priority and on a predictable tax regime,” she said.
Ms Sitharaman said technology has helped the government make payments to affected people during the pandemic, and said it is also looking at how to deploy digital solutions in the education and agricultural sectors.
The government wants to boost innovation and support to help the startups will continue, she added.