Arun Jaitley bats for blending subsidy with investment to boost farm sector

Jaitley said that important areas that require investment included physical infrastructure, social sector and farm sector

Finance Minister Arun Jaitley on Tuesday made a case for blending subsidy with investment to augment farm sector growth and make it sustainable. He also said formalisation of the economy has started showing visible result in terms of higher resource mobilisation, leaving more in the hands of the government for the capital formation in various sectors.

“There is a lot of formalisation of economy taking place in several other sectors... We can see visible results, and it is leading to additional resources in the hands of the government. I don't think this process will now be reversed,” he said, after releasing