INSUBCONTINENT EXCLUSIVE:
Finance minister Nirmala Sitharaman will meet industry leaders during her two-day Mumbai visitFinance minister Nirmala Sitharaman will meet
stakeholders from Maharashtra during her two-day visit to Mumbai starting tomorrow (February 21), in a post-budget interaction.In a tweet by
the finance ministry, it was informed that Ms Sitharaman will be in Mumbai between February 21 and 22
She will hold discussions with representatives from industry and trade, large tax payers and select professionals, the tweet said.Earlier
behind the budget and the priorities of the government.This year's budget, presented on February 1, estimates a nominal gross domestic
product (GDP) growth of 11.1 per cent
Government expects this growth to be fuelled by a massive capital spending programme outlined in the Budget with a view to crowd-in private
investment by reinvigorating economic activities and creating demand.Ms Sitharaman has raised capex by 35.4 per cent for 2022-23 to Rs 7.5
lakh crore to continue the public investment-led recovery of the pandemic-battered economy
The capex this year is pegged at Rs 5.5 lakh crore.
