Fundamentals of economy strong, inflation well contained: Sitharaman

Source: PTI - Edited By: Nandita Malik

February 01, 2020 11:32 IST

Presenting the Union Budget for 2020-21, Sitharaman said it is aimed at boosting income and purchasing power of people.

Finance Minister Nirmala Sitharaman on Saturday said fundamentals of the economy are strong and inflation has been well contained, while banks cleaned up accumulated loans.

Presenting the Union Budget for 2020-21, she said it is aimed at boosting income and purchasing power of people.

The finance minister further said during 2014-19, the government brought a paradigm shift in governance.

She termed GST as a historic structural reform, saying it integrated the country economically.

BUDGET 2020

Photograph: ANI Photo

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Source: PTI - Edited By: Nandita Malik© Copyright 2025 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.