New Delhi, Nov. 2 -- Finance Minister Nirmala Sitharaman on Monday said the government would continue to lead the investment cycle through higher capital expenditure until private companies step up investments and expand production capacities.
She emphasised that sustaining India's economic growth would remain a priority despite global uncertainties, while maintaining fiscal discipline.
Speaking at HSBC's Algorithm of Inclusion event in Mumbai, Sitharaman said public capital expenditure had played a significant role in supporting economic activity over the past five years. The government intends to maintain this momentum, given the positive multiplier effect of infrastructure and other capital investments on the broader economy.
The fina...