Hyderabad: Union Finance Minister Nirmala Sitharaman has expressed hope for GDP growth to remain in double digits in the current financial year. In fact, he said on Saturday that, 'India is in a stronger position than other countries and is also responsible for providing help to the needy sections.' In the past, the news was also cited in which it was said that there is no danger of recession in the country.
Asked about the expectation of double-digit GDP growth this year, Sitharaman said, "I expect it to happen." We will work for it. It gives confidence if you are not standing on the brink of recession. You are taking continuous steps to help the needy sections and give impetus to the economy. With this, let us tell you that according to the official data released a few days ago, in the first quarter of the financial year 2022-23, the country's economy has grown at the rate of 13.5 per cent. At the same time, the Finance Minister said that some people will try to attribute the low base of last year to this high growth.
Apart from this, he said, "We are in a stronger position than the economies we are talking about. We are in fact the fastest growing economy. are on.''
Let us tell you that during this, on a question related to the free gifts distributed by the governments, Sitharaman said, ''We must take part in this discussion because if you are giving something free to someone, it means that Someone else is carrying his burden.'' Further, he suggested that any government coming to power should make financial provisions for free gifts after assessing its financial position.
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