As the country is all set to move forward on the path of economic recovery after the COVID-19 pandemic, Finance Minister Nirmala Sitharaman on Tuesday said that India’s economic growth is expected at 9.2 per cent in the current financial year.
While presenting the Union Budget 2022-23, Sitharaman said that a boost in investment is likely to revive on account of capex (capital expenditure) and crowd in private investment.
“Government focus since 2014 has been on the poor and marginalised. The government strives to provide the necessary ecosystem to the middle class,” said Sitharaman.
Principal opposition Congress, however, slammed the Sitharaman and Prime Minister Modi for betraying the salaried and middle classes by not providing any relief measures.
“India’s salaried class and middle class were hoping for relief in times of pandemic, all-round pay cuts and back-breaking inflation. FM and PM have again deeply disappointed them in Direct Tax measures,” said Congress general secretary and chief spokesperson Randeep Surjewala on Twitter.
The comments from the principal opposition came after Nirmala Sitharaman presented the Union Budget for 2022-23 in Parliament, amid the ongoing Coronavirus pandemic.
