Nirmala Sitharaman Exclusive Interview: After presenting the Budget 2021, Finance Minister Nirmala Sitharaman said in an exclusive interview ‘The government’s thrust is towards self-reliant India. It was necessary to increase the demand, in the new budget, provisions have been made to increase demand with expenditure.
new Delhi. The country’s Finance Minister Nirmala Sitharaman spoke in detail on the general budget in an exclusive interview to Sitharaman said, ‘The thrust of the government is towards self-reliant India. It was necessary to increase the demand, demand will increase with the expenditure in the new budget. He said that the MSP has increased continuously since 2014, the government is ready to change the laws. The government is ready to amend the agricultural law. Confusion is being spread among farmers about laws.
Nirmala Sitharaman said, ‘Hope the intention of the Union Budget is well understood. We want the country to accept this budget. Due to the outbreak of Corona virus, there was not much resources, so the relief package was the need of the hour. He said that privatization will benefit banks and will improve the functioning of banks.
Sitharaman said, ‘A Development Financial Institution (DFI) is not enough for an aspirational India. There will be a provision for private MFIs in the amendments. I will make room for private DFI. He said that there is a need for more efficient banks in the economy, there cannot be laggards, we have worked extensively with RBI on bank privatization.
Explain that in the budget 2021, the central government has doubled the amount allocated in the budget for micro, small and medium enterprises (MSME) as compared to the previous time. On this, Nirmala Sitharaman said, ‘We have taken many steps to help micro, small and medium enterprises. In this budget, we have given Rs 15,700 crore to this sector, which is double of last year’s budget.
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Nirmala Sitharaman has proposed to increase capital expenditure by 34.5 per cent to Rs 5.5 lakh crore in FY 2021-22 to accelerate economic growth through creation of basic infrastructure in the country. It has been targeted to raise Rs 1.75 lakh crore in FY 2021-22 from stake sale in public sector undertakings and financial institutions. With this, a provision of Rs 35,000 crore has been made for the vaccination campaign of Corona.
