Finance Minister Nirmala Sitharaman on Tuesday said the Union Budget for 2021-22 would have emphasis on sustaining high public expenditure on infrastructure to revive the economy which contracted in the first two quarters of the current financial year.
“Something that certainly will feature is we shall definitely sustain the momentum on public spending on infrastructure because that is the one way we are sure that multipliers will work and the economic revival will be sustainable,” she told industry at a virtual event with Assocham.
Recognising that this is an unusual year, borrowing has been kept at levels so that the