To be world leader, private sector must be key driver of growth: Sitharaman

Sitharaman underlined that the nation's growing and aspiring needs and demands across various sectors cannot be served just by state government and central governments put together

Finance Minister Nirmala Sitharaman on Sunday said the Union Budget 2021-22 was about the role of government as a facilitator and the private sector as a key driver of economic growth, without which the country would be losing a big opportunity.

“The most important component or input required here is the participation of the private sector. Unless the private sector is energised enough, unless it is facilitated enough, India is just losing a very big opportunity,” Sitharaman said in Bengaluru during the interactive session organised by the Bangalore Chamber of Industry and Commerce.

Sitharaman underlined that the nation’s growing and aspiring needs