Nirmala Sitharaman on sluggish economy says, "Government is working on measures to speed up economy"

Dec 07 2019 03:16 PM
Nirmala Sitharaman on sluggish economy says,

New Delhi: Union Finance Minister Nirmala Sitharaman has said on Saturday that the central government is working on other measures to speed up the slowing economy. She went to attend a conference, during which she addressed the people present there and said that the government has taken many measures during August and September to handle the economy.

Amazon delivers condom instead of a video game, apologizes

Nirmala said that apart from this, public sector banks have disbursed about 5 lakh crore rupees in the last 2 months to promote consumption. Sitharaman further said, "These are the ways in which consumption can be promoted. We are adopting a direct approach and also spending on infrastructure, which ultimately reaches major industries, labor, etc. ''

Gold prices fall by one percent, silver becomes cheaper by Rs 1000

Some other measures can be taken to speed up economic activity, Sitharaman said that the government is working on it. In relation to Goods and Services Tax (GST), Sitharaman said that the GST Council will take a decision regarding the structure of taxes. The Finance Minister said that in the end, taxes have to be more logical.

Visit office for any problem related to GST

Popular Stories