New Delhi: The government has become active to deal with the economic slowdown in the country. It is looking at all possible options. Recently, the Finance Minister made many big announcements in this direction. NITI Aayog CEO Amitabh Kant said that the government is in the process of preparing more structural reforms in the coming days to boost the country's economic growth. Addressing the 'India Economic Summit' of the World Economic Forum (WEF), he said that the country's economy has grown at a rate of 7.5 per cent during the last five years.

The gross domestic product (GDP) growth rate in the last quarter of FY 2017-18 stood at 8.1 per cent. During the first quarter of the current financial year, the pace of economic growth came down to five per cent. He said that 'The Reserve Bank and the government have taken several steps to take the country back on the path of high growth. In view of the declining pace of GDP growth, the RBI has cut the key policy rate repo rate by 1.10 per cent so far this year. However, liberalization of monetary policy has its limits. The Central Government has recently announced several measures on its behalf to strengthen the economy. Kant said, 'I think many more structural reforms will be done now. The government is pushing disinvestment in the public sector.

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