The Free Press Journal

Sitharaman says industr y must show trust in govt amid crisis

- AGENCIES

Finance Minister Nirmala Sitharaman said there should be complete trust between the industry and the government to sustain growth amid the COVID-19 situation.

Sitharaman said the Centre has taken several steps to ensure that revival of the economy continues despite a raging second wave of the pandemic.

"There should be complete trust both between the government and the industry and vice versa to sustain growth.

There should not be disturbanc­es in the continuity, which lead to mistrust or distrust," she said.

Speaking about West Bengal, she said industries in the state require "oxygen" along with a globalised ap

Retailers Associatio­n of India (RAI) on Tuesday said closure of economic activity at this juncture will lead to permanent closure of businesses and millions of job losses.

Stating that the retail industr y is beginning to see similar issues repeating in some form that were faced last year, the retailers' body said that non-essential or non-food retail and malls should be allowed to operate with strict surveillan­ce. proach to prosper.

"Industries in the state need a lot more oxygen to flourish. The history of India was written from Bengal... but even a signature product like the Darjeeling tea is now languishin­g.

"Kolkata used to shine with industries in the past, it should do so again. Bengal and its tradition have to be preserved and protected," the senior BJP leader said.

Later, talking to reporters, Sitharaman said there is no doubt that the BJP is coming to power in West Bengal, "where every sector is in need of help".

"Once the saffron power forms government in the state, funds will be provided to the farmers. Our manifesto had elaborated in detail about the revival of Bengal's economy," she added.

 ??  ?? RAI sees permanent closure of biz, job losses
RAI sees permanent closure of biz, job losses

Newspapers in English

Newspapers from India