Finance Minister Nirmala Sitharaman on Thursday assured India Inc that the government is ready to do everything required to revive and support economic growth. The Finance Minister further said foreign direct investment (FDI) has seen a growth of 37 percent thus far this fiscal, while foreign exchange market (forex) reserves increased to USD 620 billion as of July.

There are indicators which suggest that the economy is buoyant and recovery is taking place post lifting of COVID-19 restrictions by states, Finance Minister said while addressing the Confederation of Indian Industry Annual Meeting 2021. She also exhorted the industry to come forward and invest in the economy.

Notably, The Narendra Modi government has shown commitment to reforms even during the pandemic, she said, adding last year the Centre announced farm laws and labour reforms, among others.

Economy picking up momentum, industry needs to enhance its risk appetite

Solar energy projects generate employment in Uttar Pradesh

Country's foreign exchange reserves hit record levels