Ball is now in your court: FM Sitharaman exhorts India Inc to invest more

Says govt spending alone can't be enough

Finance Minister Nirmala Sitharaman on Tuesday exhorted India Inc to shed its hesitation and make investments to push up economic growth, saying the government had taken several pro-business measures such as reduction in corporation tax rates, removing minimum alternate tax in the new tax structure, and scrapping dividend distribution tax (DDT) levied on companies.

“We have done whatever little we can. We are ready to do more. But I want meaningful interventions from the government and not the ones which are irrelevant to the ground situation. Now, we expect you to be an equal engine to pull the economy forward,” she