FM urges industry to make India fastest growing economy

by Nidhi Bhati

Finance Minister (FM) Nirmala Sitharaman has urged the private sector and private industry leaders to unleash animal spirits to make India one of the fastest growing economies. Sitharaman said that she has been waiting to see investments from private sector in India after the government slashed corporate tax rate by almost 10 percentage points in September 2019. She also urged credit rating agencies to grade the economies in relative sense and not as silos.