The Aryavarth Express
Agency(New Delhi): Union Finance & Corporate Affairs Minister, Smt. Nirmala Sitharaman, has delineated the government’s strategy for the ‘Amrit Kaal’ period while presenting the Interim Budget 2024-25 in Parliament. Emphasizing the government’s policy priorities, she highlighted the critical need to ensure timely and adequate finances, relevant technologies, and appropriate training for Micro, Small, and Medium Enterprises (MSMEs). This approach is aimed at fostering the growth of MSMEs and enhancing their competitiveness on a global scale. An important element of this strategy involves orienting the regulatory environment to support the growth of these enterprises.
In line with the ‘Panchamrit’ goals, the Minister stated that the government’s role would be to facilitate sustaining high and more resource-efficient economic growth. This initiative is expected to contribute significantly towards energy security, focusing on its availability, accessibility, and affordability.
Guided by the principle of ‘Reform, Perform, and Transform’, the government is set to undertake next-generation reforms. These reforms will involve building consensus with states and stakeholders to ensure their effective implementation.
Smt. Sitharaman also emphasized that the government would adopt economic policies designed to foster sustainable growth, facilitate inclusive development, and improve productivity. These policies aim to create opportunities for all, enhancing their capabilities, and contributing to the generation of resources needed for investments and fulfilling aspirations.
Furthermore, the Minister mentioned the preparation of the financial sector to meet investment needs. This preparation will encompass enhancing the sector’s size, capacity, skills, and regulatory framework, ensuring it is well-equipped to support the nation’s developmental goals during the ‘Amrit Kaal’ period.
