Outlining the government focus going forward, Modi said that the government is working on Rs 111 trillion national infrastructure pipeline (NIP) fund.
"The government has no business to be in business. When government monetises, that space is filled by private sector of the country. Private sector brings investment and best global practices with them," he said.
Modi said that the public sector enterprises are loss-making and several of them need the support of public money and that they should not be run because they were started many years ago and were someone's pet project.
"The Budget has given a clear roadmap to take India to a high growth trajectory," Modi said.
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