Finance Minister Nirmala Sitharaman on Wednesday said enabling policies and proactive steps taken by the government — including corporate tax cuts and digitisation of the economy — helped the country deal with the unprecedented situation arising due to the pandemic.
“Even after pulling the economy out, removing all the under-growth (post-2014), you still had challenges and in a way the three major steps which were taken —reducing the corporate tax, formalisation/digitisation of the economy, IBC code, GST —the heavy-lifting that happened prepared us for a situation which nobody could imagine,” Sitharaman said at the 'India's Economic Journey@75' event organised as part