
Finance Minister Nirmala Sitharaman strongly countered claims that India is a “dead economy,” citing robust data and global endorsements. While global growth stands at 3.2 percent, India grew at 8.2 percent last quarter, making it the world’s fastest-growing major economy. Sitharaman noted that global institutions are upgrading India’s growth outlook and credit ratings, including DBRS, S&P and R&I. IMF Chief Kristalina Georgieva has also praised India’s bold reforms. Pointing to rising tractor sales, vehicle registrations, GST collections, services exports and surging UPI transactions, the finance minister said numbers clearly prove India’s economic strength.
COURTESY: SANSAD TV