Arriving at a time when global economic uncertainties and moderating domestic growth cloud the Indian economic horizon, Sitharaman is set to present the Union Budget for 2025-26 on February 1.
On Sunday, RBI Monetary Policy Committee member Nagesh Kumar said that Finance Minister Nirmala Sitharaman should focus on capital expenditures and infrastructure spending to accelerate and sustain economic growth.
That’s a very positive statement. If infrastructure expenditures could be sustained and built further, that would help create a much more robust trajectory of economic growth for India.
“In the context of the slight economic slowdown that we observed in the second quarter, there is a need to boost growth and make it more robust and sustainable.
” The finance minister would do well to continue this momentum in Budget 2025-26, which she herself started two years ago, of putting great emphasis on capex and infrastructure spending and increasing it to very healthy levels,” he said in an interview with PTI Videos.
The Union Budget for 2025-26, presented by Sitharaman on February 1, comes against the backdrop of global economic uncertainties and moderating domestic growth.
