27.3 C
State of Tripura
Monday, June 2, 2025

 A ‘Symbolic’ surrender or a dangerous erosion of rule of law

 A ‘Symbolic’ surrender or a dangerous erosion...

Red Alert Issued: Tripura Reels Under Heavy Rainfall 

Red Alert Issued: Tripura Reels Under Heavy Rainfall  Torrential...

CM visits affected areas, Assam Rifles pressed into action, rescue operations underway

CM visits affected areas, rescue operations underway...

Sitharaman says next Budget will prepare India for next 25 yrs

Must Read

 

File Pic

Finance Minister Nirmala Sitharaman has said that the upcoming union budget will set the template that will prepare India for the next 25 years.
Speaking at a Ficci event, she said, the upcoming budget will follow the spirit of earlier budgets. Ms Sitharaman asked industry to work out strategies as to how businesses operating in developed countries can look at India as a production or sourcing hub amid recession fears in the West.
She said, government has brought in a lot of facilitation and tweaking of rules to attract foreign investment into India and is also engaging with industries who want to co-locate in the country.
Sitharaman said, industry also needs to work out strategy to attract firms in advanced nations, including in Europe, which may be scouting for locations to relocate their manufacturing base away from China.
She also cautioned about a suspected long-drawn recession in a large market like Europe and asked domestic industry to better prepare for such external headwinds.
Finance Minister said, the government will also showcase India as an attractive investment destination during New Delhi’s presidency of the G20 grouping.
Sitharaman said, given that India remains one of the world’s fastest-growing major economies, foreign investors can take advantage of its growth story.

- Advertisement -
spot_img
spot_img
spot_img

Latest News

Second round of peace talks between Russia, Ukraine to begin in Istanbul today –

The second round of peace talks between the Russian and Ukrainian delegations is set to begin at...