AHMEDABAD: The Modi government, surrounded by the slowdown in the economy, is making new statements about it every day. Government ministers have refused to consider it a serious problem. In this episode, the Union Law and IT Minister said that the slowdown in the economy is temporary. He said that the foundation of the country is strong. And it will improve in the coming time. The Union Minister blamed global and domestic factories for the slowdown. He said that GDP growth is expected to be 5 percent in the first quarter of the current financial year.
Finance Minister to make Big announcement today regarding the Economy
The Union Minister said that the foundation of the Indian economy is very strong. The inflation rate is 3.15 percent and the fiscal deficit is 3.4 percent. We are keeping both of them in control. Apart from this, India has attracted foreign investment of 16.30 billion dollars in the year 2019-20, which has increased by 28 percent. Prasad further said that our foreign exchange reserves are worth $ 428 billion.
Indian Railways is giving 25 to 75 percent discount in fares, take benefit in this way
He was speaking on the achievements of the first 100 days of Modi Sarkar 2.0. The Union Minister further said, "India is very strong on all these parameters. If GDP growth is 5 percent in the first quarter, it will also be back on track in the coming time. He said that this is a temporary event. It is something This is happening due to global and domestic factors, but we are taking all necessary measures to strengthen the economy. Let us say that the recession has led to a large employment crisis.
Petrol and diesel prices increased for the third consecutive day, know today's rate