• Contact us
  • Advertising Policy
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use
Tuesday, July 1, 2025
33 °c
Agartala
enewstime
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
    Women’s Asian Cup Qualifiers: India continue winning ways with 4-0 victory vs Timor-Leste

    Women’s Asian Cup Qualifiers: India continue winning ways with 4-0 victory vs Timor-Leste

    AIU provisionally suspends Twinkle Chaudhary for use of prohibited substance

    AIU provisionally suspends Twinkle Chaudhary for use of prohibited substance

    Bazball Brilliance: England Chase 371 to Stun India in Anderson-Tendulkar Trophy

    Bazball Brilliance: England Chase 371 to Stun India in Anderson-Tendulkar Trophy

    Cricket World Mourns: Former India Spinner Dilip Doshi Passes Away at 77

    Cricket World Mourns: Former India Spinner Dilip Doshi Passes Away at 77

    Headingley Test: England Face 350-Run Chase as Rahul, Pant Centuries Set Up Thrilling Test Finish

    Headingley Test: England Face 350-Run Chase as Rahul, Pant Centuries Set Up Thrilling Test Finish

    Rishabh Pant Rewrites Records with Twin Tons at Headingley

    Ind vs Eng 1st Test: Rishabh Pant Rewrites Records with Twin Tons at Headingley

    Rahul takes India’s lead to 96 runs after Bumrah’s fifer keeps England to 465

    Ind vs Eng 1st Test: Rahul takes India’s lead to 96 runs after Bumrah’s fifer keeps England to 465

    Ind vs Eng Test 1: Josh Tongue Stars as India Crumble from 430/3 to 471 All Out

    Ind vs Eng Test 1: Josh Tongue Stars as India Crumble from 430/3 to 471 All Out

    Stokes’ Decision Right, Execution Wrong

    IND vs Eng 1st test: Stokes’ Decision Right, Execution Wrong, Says Broad After India’s Batting Blitz

  • Business
  • Entertainment
  • Health
  • Features
  • TendersNew
No Result
View All Result
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
    Women’s Asian Cup Qualifiers: India continue winning ways with 4-0 victory vs Timor-Leste

    Women’s Asian Cup Qualifiers: India continue winning ways with 4-0 victory vs Timor-Leste

    AIU provisionally suspends Twinkle Chaudhary for use of prohibited substance

    AIU provisionally suspends Twinkle Chaudhary for use of prohibited substance

    Bazball Brilliance: England Chase 371 to Stun India in Anderson-Tendulkar Trophy

    Bazball Brilliance: England Chase 371 to Stun India in Anderson-Tendulkar Trophy

    Cricket World Mourns: Former India Spinner Dilip Doshi Passes Away at 77

    Cricket World Mourns: Former India Spinner Dilip Doshi Passes Away at 77

    Headingley Test: England Face 350-Run Chase as Rahul, Pant Centuries Set Up Thrilling Test Finish

    Headingley Test: England Face 350-Run Chase as Rahul, Pant Centuries Set Up Thrilling Test Finish

    Rishabh Pant Rewrites Records with Twin Tons at Headingley

    Ind vs Eng 1st Test: Rishabh Pant Rewrites Records with Twin Tons at Headingley

    Rahul takes India’s lead to 96 runs after Bumrah’s fifer keeps England to 465

    Ind vs Eng 1st Test: Rahul takes India’s lead to 96 runs after Bumrah’s fifer keeps England to 465

    Ind vs Eng Test 1: Josh Tongue Stars as India Crumble from 430/3 to 471 All Out

    Ind vs Eng Test 1: Josh Tongue Stars as India Crumble from 430/3 to 471 All Out

    Stokes’ Decision Right, Execution Wrong

    IND vs Eng 1st test: Stokes’ Decision Right, Execution Wrong, Says Broad After India’s Batting Blitz

  • Business
  • Entertainment
  • Health
  • Features
  • TendersNew
No Result
View All Result
enewstime
  • Home
  • News
  • Sports
  • Business
  • Entertainment
  • Health
  • Features
  • Tenders
Home Business

Want to see pvt sector unleash its animal spirits: Sitharaman

ENEWSTIME Desk by ENEWSTIME Desk
February 20, 2021
in Business
30
VIEWS
Share on FacebookShare on Twitter

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.

The FM explained that the divestment policy announced in the budget was to move from incremental change to economic transformation. “I want a more meaningful and purposeful spending of the taxpayers’ money,” Sitaraman said, adding that the government did not want to use taxpayers’ money to run institutions that it could not, and instead it wants to give public sector companies to those who can.

The divestment policy is not about closing down PSUs, the FM clarified. She said that Indian economy had great demand for steel, copper, coal etc and the PSUs needed to be run more efficiently and productively to meet that demand. “We are not selling PSUs for closure. We want them to be run better,” she said.

Assuring Indian business about the government’s enormous fiscal deficit and huge borrowing programme, the Finance Minister said that the capex and infrastructure intensive budget will improve demand at both the industry and the consumer levels.

“This spending will ensure sustained growth over the next decade,” she said.

Uday Kotak, Executive Vice Chairman & Managing Director, Kotak Mahindra Bank, who also addressed the management leadership of the country on the occasion, asked his peers to do more than just applaud the government. “Time has come for Indian business leaders to walk the talk,” he said.

Related Posts

India curbs jute imports from Bangladesh as dumping hurts local farmers and mills
Business

India curbs jute imports from Bangladesh as dumping hurts local farmers and mills

June 28, 2025
Indian Markets Soar: Sensex Jumps 1,000 Points, Nifty Reclaims 25,250 as Middle East Tensions Ease
Business

Indian Markets Soar: Sensex Jumps 1,000 Points, Nifty Reclaims 25,250 as Middle East Tensions Ease

June 24, 2025
NSE-Cyprus stock exchange pact marks new chapter in financial cooperation
Business

NSE-Cyprus stock exchange pact marks new chapter in financial cooperation

June 16, 2025
IndiGo denies reports on 4 pc stake sale to raise $1 billion
Business

IndiGo denies reports on 4 pc stake sale to raise $1 billion

June 16, 2025
Hong Kong-Delhi flight undergoing checks after technical issue, passengers being assisted: Air India (Lead)
Business

Hong Kong-Delhi flight undergoing checks after technical issue, passengers being assisted: Air India (Lead)

June 16, 2025
Global aviation experts join India’s probe into Ahmedabad Air India plane crash
Business

Global aviation experts join India’s probe into Ahmedabad Air India plane crash

June 16, 2025
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
D-2050 D-2050 D-2050
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

About us

Enewstime.in is run by an individual – a Journalist by profession of Tripura with the active help of several journos including senior journalists of the State. On top of that, Enewstime.in being a subscriber of IANS news agency, we have plenty of multi-choice topics to offer to our esteemed readers. Enewstime.in is a venture reach global audience from a tiny State Tripura.

Latest News

On the eve of Doctors’ Day: GBP Hospital Scripts Third Kidney Transplant Triumph

Drones to be used to trace hook lines, dedicated power supply for Hospitals: Ratan Lal Nath

Tripura CM Explains Emergency Timeline, Highlights People’s Ordeal

Assam: Eviction drive conducted in Nalbari, 82 bighas cleared

Undemocratic Governance prevailing in Bengal, alleged Biplab Deb

Eight killed in reactor blast at chemical factory in Telangana

Contact us

19, Old Thana Road. Banamalipur. PO. Agartala. Pin code 799001. Tripura (West), India.

Email: enewstime2017@gmail.com

Wa: 8794548041

  • Contact us
  • Advertising Policy
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms of Use

© 2025 Designed & Developed with ❤️ by Provibe Media LLP

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Northeast
    • National
    • International
    • Tripura News
  • Sports
  • Business
  • Entertainment
  • Health
  • Features
  • Tenders

© 2025 Designed & Developed with ❤️ by Provibe Media LLP