Exclusive business interview with Rahul Joshi budget 2023 Nirmala Sitharaman talks about global investment and privatization issues in snm exclusive interviewTAZAA News

Nirmala Sitharaman Exclusive Interview: After presenting the Budget 2023-2023, Finance Minister Nirmala Sitharaman FM Nirmala Sitharaman told News18 in an exclusive interview about the government’s priorities for increasing investment and global investment in the country. In his first televised interview since Budget 2023, he had an exclusive chat with Network 18 Editor-in-Chief Rahul Joshi. Finance Minister Nirmala Sitharaman said the government has introduced several changes to increase foreign investment and private investment in the country and the reforms will continue.

On the $100 billion trade deficit with China, he said, “Indian exporters are lacking demand in markets where there is usually demand. As the cloud of recession deepens, demand for gems and jewellery, diamonds and products like basmati rice has softened. We are looking for new markets, as soon as the recession is over, exports will pick up again.

Reforms will continue to boost global investment.

Finance Minister Nirmala Sitharaman said on the issue of global investment that the government is constantly trying to increase foreign investment in the country. For this, we have changed policies and are creating many opportunities to increase private investment. Due to the change in the rules of the SMB, more foreign investment will enter each sector. We have a developed and large market. Finance Minister Nirmala Sitharaman said that the startup industry in the country is growing rapidly and investors are looking for better opportunities in it. Funding for startups is scarce right now, but there is no shortage of opportunities. Funding is a cyclical process. He said that there is a lack of funding for new enterprises.

Finance Minister Nirmala Sitharaman’s first interview with Channel 18 Editor-in-Chief Rahul Joshi

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Union Finance Minister Nirmala Sitharaman, when asked when capital expenditure in the private sector will pick up, said, “The private sector has already entered the capital expenditure cycle. I think the old industries, IT and Industries like software are moving in this direction.

Regarding the trade deficit and decline in exports, Finance Minister Nirmala Sitharaman said that the trade deficit has increased due to the recession. Demand for Basma rice, jewels and jewels, diamonds fell, and the trade deficit with China reached $100 billion. As new opportunities arise and the cloud of recession clears, our exports will continue to grow. For this we are also looking for a new market. He said, “No country wants its exports to decrease and imports to increase with its trading partners. India will also work on ways to increase exports through which markets can be expanded.