Finance minister underlines growth, flags war challenges: Oil prices, supply disruption

THE Budget will help keep the focus on sustained growth recovery but the Ukraine war poses a fresh set of challenges, from disruption in supply chains to rising oil prices, said Union Finance Minister Nirmala Sitharaman in Rajya Sabha Tuesday.

Replying in a debate on the Appropriation and Finance Bills, Sitharaman reiterated that the Centre “is conscious of the need to balance the imperatives of growth and also make sure India’s recovery post-Covid is sustained and sustainable.”

“….this Finance Bill has been presented at a time when the revival from the pandemic days is still an ongoing job and we are focusing on a sustained growth recovery, with a predictable taxation regime and ensuring newer challenges before us.

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