Pvt investment, strategic resource security, global openness key for growth path ahead: FM Sitharaman
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Finance Minister Nirmala Sitharaman said private investment, strategic resource security, and global openness are key for India’s growth.
- ✓Speaking Saturday, she noted that uncertainty is a standing condition of the global economy.
- ✓She urged the private sector to lead investments to boost innovation, as India builds resilience layer by layer.
Story at a Glance
- Category
- MARKET
- Reported By
- Economic Times
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
India's finance minister Nirmala Sitharaman highlighted strategic priorities to build resilience amid ongoing global economic uncertainty. She emphasized the importance of optimizing supply chains and fostering private sector investment for strengthening innovation. The minister noted that India's R&D expenditure is significantly lower compared to OECD countries, necessitating increased private participation. Sitharaman discussed the shocks faced in recent years and the importance of managing economic stability.
New Delhi: Strategic resource security, private investment, global openness and skill development are the four priorities for India to keep building resilience, finance minister Nirmala Sitharaman said Saturday, while terming uncertainty as a "standing condition".
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Economic Times
Read the full, original unfiltered story directly on the publisher's portal.