Govt aims sustained recovery; infra spends will have multiplier effects: FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Monday said the government wants a sustained recovery and the budget proposals on infrastructure building are an attempt to create the multiplier effect to help the economy.

Speaking at a post-budget interaction with the industry in the financial capital of the country, Sitharaman said the budget has been prepared at a time when the economy is coming out of the impact of the pandemic.

“A sustained recovery is what we would want. The budget has growth revival as a priority along with messages for sustainability as a priority and on predictable tax regimen,” she said.