Govt is facilitator, private sector driver of growth: Nirmala Sitharaman

Bengaluru: The Union Budget 2021-22 is about the role of government as a facilitator and the private sector as a key driver of economic growth, without which the country would be losing a big opportunity, said Union Finance Minister Nirmala Sitharaman on Sunday.In her post-Budget address to members of PHD (Progress, Harmony and Development) Chamber of Commerce in Bengaluru, Sitharaman said, “The most important component or input required here is the participation of the private sector. Unless the private sector is energised enough, facilitated enough, India is just losing a very big opportunity.” According to the Finance Minister, the coronavirus vaccine was a big example of a government-private partnership. Sitharaman noted that the budget was about setting the path for the decade. She said, “… It is a Budget not just for this year, it is a Budget for setting the path for the decade.” ANI