Need to focus on infra, innovation for sustainable growth: FM Sitharaman ...Middle East

Business Standard - Economy
Need to focus on infra, innovation for sustainable growth: FM Sitharaman
source : Business Standard ( Middle East ) () 41
Finance Minister Nirmala Sitharaman on Wednesday underlined the need for focussing on four Is -- infrastructure, investment, innovation and inclusivity -- to achieve sustainable growth in the long-term. The global economy in the past few years has faced trials and tribulations, she said, adding countries have made efforts to protect the vulnerable section of the society at the cost of higher government borrowing. Speaking at the Asian Development Bank (ADB) Governor's seminar on 'Policies to Support Asia's Rebound', Sitharaman stressed that there is also a need to involve the private sector to step up investment and innovation. Elaborating on the four Is, the Minister said investment is esse

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