Finance Minister Sitharaman Calls for Industry Feedback on Investment Challenges
Tell us what you need to invest more: FM Sitharaman to India Inc
The Economic TimesImage: The Economic Times
During the Economic Times Awards in Mumbai, Finance Minister Nirmala Sitharaman emphasized the government's commitment to support vulnerable sectors amid rising input costs from global conflicts. She urged Indian industries to share their challenges regarding expansion and investment, promising a receptive approach to facilitate growth.
- 01Sitharaman highlighted the government's commitment to support farmers and vulnerable sectors amidst rising costs.
- 02She encouraged industries to communicate their challenges to foster expansion and investment.
- 03The government aims to keep the fiscal deficit at 4.5% of GDP for FY27.
- 04Concerns regarding capital outflows were addressed, with a call for reforms to attract foreign investment.
- 05Discussions are ongoing regarding the cybersecurity risks associated with advanced AI models.
Advertisement
In-Article Ad
At the Economic Times Awards for Corporate Excellence held in Mumbai, Finance Minister Nirmala Sitharaman reiterated the Indian government's commitment to support vulnerable sectors, particularly farmers, amidst rising input costs due to the ongoing conflict in West Asia. She expressed the need for industries to voice their concerns regarding expansion and investment, stating, "Tell us what you need. Tell us what you want us to do, so that you feel incentivized to further invest and grow equally." The government is focused on maintaining a fiscal deficit of 4.5% of gross domestic product (GDP) for the fiscal year 2027 (FY27). Sitharaman also addressed the issue of capital outflows, acknowledging that while India has strong macroeconomic fundamentals, other factors influence investor behavior, including recent US tariffs on India. She emphasized the government's readiness for reforms to make investment and manufacturing more accessible. Additionally, she mentioned ongoing discussions with the US administration regarding cybersecurity risks associated with Anthropic's advanced AI model, urging banks to enhance their cybersecurity measures in light of emerging threats. The strategic sale of IDBI Bank is also set to proceed despite previous uncertainties regarding financial bids.
Advertisement
In-Article Ad
The government's commitment to support vulnerable sectors may lead to financial relief for farmers and other affected groups, potentially stabilizing prices and improving livelihoods.
Advertisement
In-Article Ad
Reader Poll
What should be the government's priority to boost industry investment?
Connecting to poll...
More about Ministry of Electronics and Information Technology
Digital India Internship 2026: बिना परीक्षा के पाएं ₹20,000 की इंटर्नशिप, अंतिम तिथि नजदीक
Nbt Navbharattimes • Apr 24, 2026

Delhi Police Identify Over 250 Illegal Betting and Gambling Apps
Hindustan Times • Apr 24, 2026

Delhi Government to Establish Two AI Centres of Excellence to Boost Innovation and Employment
The Indian Express • Apr 23, 2026
Read the original article
Visit the source for the complete story.


