Nirmala Sitharaman Latest News: Union Finance Minister Nirmala Sitharaman has given great news regarding the country’s economy. He said that it is expected that this year the GDP will remain in double digits. An increase in GDP means that the country’s economy will improve further. Not only this, along with education, health, basic facilities will also increase in the country. Continuing growth in GDP shows that the country’s economic condition is better.
GDP growth expected
Union Finance Minister Nirmala Sitharaman has expressed hope that the GDP growth will remain in double digits in the current financial year. He said that India is in a stronger position than other countries. Not only this, India is also responsible for helping the needy sections. Talking to reporters here, Sitharaman showed a positive attitude regarding GDP growth. During this, he also referred to the news in which it was said that there is no danger of recession in the country.
Know how much the economy grew
Asked about the expectation of GDP growth to be in double digits this year, Sitharaman said, “I expect it to happen.” We will work for it. If you are not standing on the verge of recession, it gives confidence. You are taking continuous steps to help the needy sections and give impetus to the economy…” According to official data released a few days ago, the country’s economy grew at the rate of 13.5 percent in the first quarter of the financial year 2022-23. .
Know what Sitharaman said
The Finance Minister said that some people will try to attribute the low base of last year for this high growth. He said, ‘We are in a stronger position than the economies we are talking about. We are indeed the fastest growing economy. Referring to the reports of the World Bank and the International Monetary Fund (IMF), he said that the economies considered to be more developed than India are currently on the verge of recession.
Finance Minister gave this suggestion
On a question related to the free gifts being distributed by the governments, Sitharaman said, ‘We must participate in this discussion because if you are giving something free to someone, it means that someone else is bearing the burden. Is.’ He suggested that any government coming to power should make financial provision for free gifts after assessing its financial position.
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(with agency input)