India’s Sitharaman Aims to Keep Up Spending to Sustain Growth

India’s Sitharaman Aims to Keep Up Spending to Sustain Growth India will keep up its spending on roads and bridges to ports to sustain economic growth while maintaining fiscal prudence, Finance Minister Nirmala Sitharaman said, as she begins preparations for the next federal budget. The growth momentum “should not be lost out at all,” Sitharaman said at an event in Mumbai on Monday. Public investment remains important until the private sector steps up to expand or build new capacity, she said, adding, “We need to spend and spend, but it has to be with responsibility.”