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27 Oct 2020

Finance Minister Nirmala Sitharaman Sees Rise In Economy In Next Year

Finance Minister Nirmala Sitharaman at the 4th Annual India Energy Forum by CERA Week has said that India's growth this year will be negative or near zero. 

According to the Finance Minister the country can now see the revival, particularly in the PMI, which shows a spurt in the number, the highest after 2012, which indicates revival is there which is going to be steady and sustainable.

Finance Minister reiterates that If sustainable revival is going to happen b/w Q3 & Q4, the country can expect overall GDP growth not withstanding pandemic should be as predicted by IMF as negative or near zero this time. 

Next year clearly India will be seeing itself as one of fastest-growing economies.

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