It firmly believes that changing geopolitics, security concerns, and waning trust in China will dovetail to enable India to marry technology and manufacturing.
A day before the announcement of the Lok Sabha election dates, finance minister Nirmala Sitharaman and external affairs minister S Jaishankar sent across the message, underlining the Narendra Modi government’s milestones, as they addressed some of the best minds of India Inc at The Economic Times Awards for Corporate Excellence in Mumbai on Friday.
“The Opposition is well within its rights to speak about issues of concern which affect common people… In spite of Covid, in spite of global value chain disruptions, in spite of droughts and floods in some areas, I think this government has been very focused in keeping inflation well within the tolerance band — probably two times it would have just gone above it. But soon enough, it was brought down as opposed to 22 months of double-digit inflation during UPA,” she said at the Taj Crystal room crowded with CEOs, top bankers and industry veterans.
Hours after the government announced a steep tax cut to attract electric vehicle (EV) makers to India, the finance minister countered the criticism that record government capital expenditure has failed to crowd in enough