FM Nirmala Sitharaman Asserts, Government Empowering MSMEs, Farmers and Cooperatives to Boost Jobs and Overall Development
Union Finance Minister Nirmala Sitharaman has said that the government is empowering the MSMEs, farmers, and cooperatives, as they are at the centre of employment generation, production and overall development of the country. She was replying to the discussion on the Finance Bill, 2026, in Lok Sabha today.
The bill seeks to give effect to the financial proposals of the Central Government for the financial year 2026-2027. FM Sitharaman said that the government is also supporting key sectors such as digital infrastructure, electronics manufacturing, marine products, leather, critical minerals, and nuclear energy, among others, to make India a developed nation.
She said that India is riding on the reform express under the leadership of Prime Minister Narendra Modi. The Minister informed that this finance bill focuses on the middle class and the government has exempted basic customs duty on 17 critical life-saving drugs.
