"India's Fiscal Strategy: Nirmala Sitharaman and PM Modi's Approach Unveiled"
Originally Published 1 year ago — by The Indian Express
Finance Minister Nirmala Sitharaman explains that the Interim Budget is based on the Modi Government’s 10-year performance and the mantra of "sabka saath, sabka vikas," emphasizing empowerment over entitlement. The budget aims to financially empower people and create opportunities, with a focus on capital expenditure for sustainable recovery. Sitharaman highlights the importance of fiscal prudence, improved revenue, and avoiding wastage, while also addressing the growing aspirations and contributions from newer areas of economic activity. The budget includes measures to support research and innovation, digital infrastructure, and state development, with a focus on leveraging India's demographic advantage for long-term planning and overall development.