Finance Minister Nirmala Sitharaman said on Monday money being received from widening fiscal deficit is not being splurged, quite contrary to what had happened in the UPA regime.
It is being spent on creating assets and improving logistics, connectivity, health sector in remote areas, she said at a FICCI event. “I am going to tell you that when India had real tough economic situation, money was splurged by the government then in expectation that the economy would rise from the bottom that it had reached. These are all fresh in our minds,” she said. “Now, money is being clearly directed where