Ashwini Vaishnaw Highlights Public Investment as Key Driver of India's Growth

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Posted by NewAdmin on 2025-03-28 08:50:34 |

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New Delhi: Ashwini Vaishnaw, Union Minister for Electronics and IT, Railways, and Information and Broadcasting, highlighted the importance of public investment in social, digital, and physical infrastructure as a critical driver of India’s economic growth. Speaking at a summit in New Delhi on Thursday, Vaishnaw emphasized that such investments are transforming various sectors and laying down crucial foundations for the country’s progress.

He stated, “We are building the country’s foundation in areas like education, healthcare, ports, airports, highways, and railways, with nearly ₹11 lakh crore being invested." According to Vaishnaw, such infrastructure investment yields a significant return, offering a 3.6 times benefit to the economy by creating jobs, enhancing efficiencies, and fostering sustained economic growth.

Vaishnaw also highlighted India’s digital innovations, particularly the "India Stack," which has become a global model. He mentioned that both the Global South and developed nations are eager to integrate India’s digital solutions, such as the Unified Payments Interface (UPI), which has even been patented in Japan.

Addressing concerns about US President Donald Trump's tariff policies, Vaishnaw expressed confidence in India’s inherent strengths and assured that the government is managing the situation, and India will emerge stronger from the challenges.

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