Report
India's finance minister outlines plans to keep investing in infrastructure
Nirmala Sitharaman says public investment remains important until private firms expand capacity, while spending must remain fiscally prudent.
TLDR
As preparations begin for India's next federal budget, Sitharaman said the government would keep investing in roads, bridges and ports to sustain growth. She said public investment remains important until the private sector expands capacity and stressed the need for fiscal prudence. She also cited strong GST collections and a sound banking sector in arguing that India's key economic indicators show no fragility.
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