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Enabling policies, proactive steps helped deal with pandemic: FM Sitharaman

She said over the past two years,retail investors have found online means to access the stock market and Sebi has a role to play in investor education

New Delhi: Union Finance Minister Nirmala Sitharaman addresses during 'Iconic Week Celebration' of the Ministry of Finance, in New Delhi, Tuesday, June 7, 2022. (PTI Photo/Vijay Verma)(
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Finance Minister Nirmala Sitharaman.

BS Reporter
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