Union finance minister Nirmala Sitharaman on Thursday said that more measures to accelerate economic growth are in the pipeline and would be announced in the coming weeks.
Sitharaman said that the government will spend a considerable amount on infrastructure.
“We can front-load some public spending by the government,” the finance minister told reporters in Guwahati.
Sitharaman discussed development schemes for the northeast region besides direct tax and GST.
Stating that the Narendra Modi government has been responsive she said that government will come back with answers asked by the various groups.
She cited the announcements made last Friday to boost economy by extending partial credit to NBFCs and measures to revive automobile sector.
Subsequently, the Centre has eased FDI rules in digital media and single brand retail, coal-mining and contract manufacturing.
The government is expected to come with another set of measures to prop up the real estate sector.