Nirmala Sitharaman signals speedy recovery, projects 8.9% GDP growth for current fiscal
Indian economic growth is most likely to be strong at 8.9 percent in the current financial year, reflecting the country's strong resilience and rapid recovery, said Minister of Finance Nirmala Sitharaman.
Sitharaman also stated his belief that India would continue to reach a high level of growth in the next financial year, the Ministry of Finance said in a statement. Overcoming the 7th annual meeting of the Board of Governors of the New Development Bank (NDB) through a video conference, he underlined the importance of multilateralism and the spirit of global cooperation for economic recovery.
The Minister acknowledged that NDB had succeeded in strengthening himself as a reliable development partner for developing country markets and appreciated the progress made to establish the Indian reg...