Business Standard

Monday, February 03, 2025 | 09:16 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Krishnamurthy Subramanian asks private firms to stop asking govt for aid

Subramanian said that since India had a public distribution system of food grains, the country didn't need to directly transfer cash to the people to support them in times of the pandemic

CEA K Subramanian
Premium

If we give money to the people, it will only enhance their savings, said Chief Economic Advisor KV Subramanian speaks at a media interaction at National Media Center. PTI

Avishek Rakshit Kolkata
Private firms in the country need to fend for themselves instead of relying on government aid and measures in the quest to develop a self-reliant India, the country’s Chief Economic Advisor, Krishnamurthy Subramanian said.

He was speaking to the Bharat Chamber of Commerce and Industries on a virtual platform. Responding to suggestions from the industry body asking for various steps to boost domestic firms, Subramanian said, “Atmanirbhar Bharat or self-reliant India cannot just happen with domestic companies asking for government help and support. They also need to work it out on their own”.

Various departments of the government, including Department

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in