Economic Affairs Secretary Tarun Bajaj said that the government will ensure its record borrowing programme for 2021-22 doesn’t crowd out the private sector if credit demand picks up.
Govt sticks to $5 trillion economy target; emphasis on infra aimed at achieving goal: DEA Secretary
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Govt sticks to $5 trillion economy target; emphasis on infra aimed at achieving goal: DEA SecretaryPTI
Last Updated: Feb 04, 2021, 03:13 PM IST
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Synopsis
The Budget presented by Finance Minister Nirmala Sitharaman on Monday has given a big push to infrastructure spending, monetisation of assets, ramping up of capacities in healthcare sector and agriculture sector, among others. These initiatives are aimed at reviving the economy ravaged by the COVID-19 pandemic.
Agencies
On the GDP growth, the Secretary in the Department of Economic Affairs (DEA) said real GDP growth would be 10-10.5 per cent in the next fiscal.