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Finance minister Nirmala Sitharaman defends export ban, says economy on right track
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Tuesday, 12 December 2023
Finance minister Nirmala Sitharaman defends government's ban on export of certain products, such as onions, to protect the interest of domestic consumers. She prioritizes balancing the interests of farmers and consumers and highlights the need to remove supply-side constraints and increase purchases during price surges. Sitharaman asserts that the government procures from farmers at adequate prices and emphasizes the increased allocation for agriculture and stepped-up procurement. She also addresses the concerns about pending GST dues of states, stating that some states have not submitted necessary certificates for fund release.
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Tuesday, 12 December 2023
