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The Nexus
BUSINESSJun 25 · 13:38 UTCTHE HINDU NATIONAL

State borrowings must focus on asset creation, not just revenue expenditure: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman emphasized that state borrowings should prioritize asset creation over revenue expenditure. She highlighted that loans for public infrastructure yield long-term economic benefits and generate employment for 50 to 60 years.

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Nirmala Sitharamanpersonstate borrowingstopicasset creationtopicpublic infrastructuretopicrevenue expendituretopiceconomic impacttopicemploymenttopic
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