TIWN
New Delhi, Feb 11 (TIWN) In a bid to counter criticism over the slowdown, Finance Minister Nirmala Sitharaman on Tuesday stressed on seven economic indicators and data to show that the Indian economy is stable and said that green shoots for its revival are clearly visible and would ensure that growth picks up from here.
In her reply to the debate on the Budget in the Lok Sabha, Sitharaman said that seven indicators clearly point to revival of the economy and would ensure that growth momentum picks up.
"The economy is not in trouble," she said.
Sitharaman cited the increase in foreign direct investment (FDI) and foreign portfolio investment (FPI) in the current fiscal and the recent rise in collection of Goods and Services Tax (GST) as among the "green shoots" for the economy.
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