Union Finance Minister Nirmala Sitharaman on Sunday said the government has proposed targeted interventions across six key areas to accelerate and sustain India’s economic growth.
Presenting the Union Budget in Parliament, the Finance Minister said the government remains committed to continuing reforms and maintaining steady momentum in economic policymaking.
“The reform express is running on its way and will maintain its momentum to help us fulfil our Kartavya,” Sitharaman said, outlining the government’s broader economic approach.
She said that under the first Kartavya—accelerating and sustaining economic growth—the government has identified six priority areas for focused interventions aimed at strengthening the economic foundation and supporting long-term growth.
The first area involves scaling up manufacturing in seven strategic and frontier sectors to strengthen India’s manufacturing capabilities and improve its position in critical segments of the economy.
The second intervention focuses on rejuvenating legacy industrial sectors. Sitharaman said reviving traditional industries is necessary to sustain growth, preserve employment, and support regions dependent on these sectors.
The third area targets the creation of champion micro, small and medium enterprises (MSMEs). The Finance Minister said MSMEs play a vital role in economic activity and employment, and their growth is essential for overall economic stability.
The fourth intervention centres on delivering a strong push for infrastructure development, which she described as a key pillar for economic expansion, supporting both immediate economic activity and long-term productivity.
The fifth area focuses on ensuring long-term security and stability, which the Finance Minister said is crucial for sustaining growth and building confidence across the economy.
The sixth and final intervention involves the development of city economic regions, which Sitharaman said will play an important role in driving economic activity and supporting growth across urban centres.
She said the six interventions together reflect the government’s commitment to fulfilling its Kartavya and sustaining the momentum of reforms.
-ANI
