Finance Minister Nirmala Sitharaman on Wednesday assured India Inc of full government support to overcome the impact of the pandemic while commending the Indian industry for its extreme forbearance, patience, and perseverance. Sitharaman made these remarks in two separate virtual interactions with industry captains, organized by the Confederation of Indian Industry (CII) and Ficci.

“I am sure all of us together will understand how best to now ramp up and sustain the growth momentum, which all of us are keen to see between the last quarter and this quarter,” she said.

The finance minister noted that the government has extended the Emergency Credit Line Guarantee Scheme (ECGLS 2.0) for sectors like hospitality, aviation, travel, tourism and hotels faced great difficulty since the start of the pandemic.