The Finance Minister, Arun Jaitley, on January 5 said that public investments would continue to “remain stepped up” in the Indian economy, which has emerged as a stable force in the midst of global slowdown.
“Public investments were stepped up last year. It will continue to remain stepped up,” Jaitley said in his address at an event here to mark the 10th anniversary of India Infrastructure Finance Company Ltd (IIFCL).
Jaitley said that the Government has clearly recognised that public investments have to “lead the way” when “you face global slowdown”.
In the months ahead, the Centre will be “seriously investing” in infrastructure, Jaitley added.