News > Govt’s supply-side reforms prepare economy for long-term expansion, says FM

Govt’s supply-side reforms prepare economy for long-term expansion, says FM

While presenting the annual survey report ahead of the Union Budget, Finance Minister Nirmala Sitharaman said that the Centre`s unique response to the second wave of COVID-19 comprised of safety-nets to cushion its impact on vulnerable sections of society and the business sector.

She added that the government significantly increased the capital expenditure to spur growth and introduced supply-side reforms for a sustained long-term expansion of the economy.