Finance Minister backs New Age Industries to be the Catalyst of Indian Economy

Indian Economy

Finance Minister of India, Nirmala Sitharaman, said that the new age industries will be the key factor in the growth of the Indian economy. The new age industries will not only add more value to the Indian economy, but along with that it will create a difference in the growth of India’s economy.

The new age industries are set up in India in such a way that links with every important sector. The minister also believes that the demand for the conventional product is likely to increase as the new age industries are set to bring that change in Indian society.

Backing the new 36 unicorn start-ups since the last 12 months, the minister asked the Indian businessmen and industrialists to take more risks to make it big. FM Nirmala Sitharaman also highlighted that this festive season saw a significant rise in buying trend which puts the Indian markets back on high demand that saw a dip in the COVID-19 Pandemic.