India’s economic condition is better placed than most countries due to various measures taken by the government and the Reserve Bank of India, Union Finance Minister Nirmala Sitharaman on Monday said in the Lok Sabha.
She further said that the bj country remains fastest growing economy in assessment of global agencies like IMF, World Bank and others.
On the price rise issue raised by many Opposition members, the FM said that “without undermining some of the points that many members have said, I find that it was more a discussion on political angles of price rise rather than actually data-driven concerns about price. So, I too will try to reply a little politically”.
The finance minister emphasised that the central government has controlled its debt and that there is no question of the country slipping into a recession or stagflation.