Revival a reflection of govt decisions, strong foundations of Indian economy: PM Modi

Addressing the post budget seminar on financing for growth and aspirational economy today, PM Modi said that amid the largest pandemic in a hundred years, the economy is gathering pace again. “This is a reflection of the economic decisions of the government and also the strong foundations of the Indian economy,” PM Modi said, while at the same time commending Finance Minister Nirmala Sitharaman for presenting a progressive budget to the country. Modi said that the government has encouraged foreign capital flows, lowered taxes on infra investment, and set up NIIF and GIFT city like institutions to provide an impetus to the financial economic growth.