Digital infrastructure is a modern-day factor of production: Union Minister for Finance and Corporate Affairs, Ms. Nirmala Sitharaman
- IBEF
- February 28, 2024
Union Minister for Finance and Corporate Affairs, Ms. Nirmala Sitharaman, underscored the government's commitment to next-generation reforms, addressing all production factors and emphasizing digital infrastructure. Speaking at the National Conclave on Viksit Bharat 2047, organized by FICCI, she highlighted the comprehensive nature of these reforms, covering traditional factors like land, labor, and capital while recognizing the pivotal role of digital infrastructure as a modern-day production factor.
Following discussions with startup and fintech stakeholders, she commended India's success in digital infrastructure development, resulting in the renowned India stack. Encouraging industry acceleration, she urged businesses to leverage global investments by seeking joint ventures and emphasized the government's broader focus on sectors like artificial intelligence, space, semiconductors, precious metals, logistics, and tourism, signaling a robust vision for India's economic future.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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