Growth In June Quarter Should Be Good; Priority Is To Tame Inflation: FM
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New Delhi: Finance Minister Nirmala Sitharaman on Friday said India's economic growth in the first quarter of this fiscal should be good and that the government's priority is to tame inflation, which has touched a 15-month high. Addressing business leaders in the national capital, she said that green shoots of private capital expenditure upcycle can be palpably felt as the government's enhanced capital expenditure is now crowding in private sector investments.
While mentioning the key priorities of the government, Sitharaman also stressed that the focus is on Aatmanirbhar Bharat (self-reliant India) but essential imports will not be stopped. ( Also Read: Secure Your Future With Just Rs 210 Monthly: Get Rs 5,000 Pension Per Month With This Govt Scheme ) She also emphasised the need for diversification of supply chains at the earliest to avoid shocks. Noting that India is the fastest-growing major economy, she said that in another few days, the GDP numbers f...