Finance Minister Nirmala Sitharaman has stated that the Indian economy is on the right track and headed towards a bright future. She reported that India is recognized as a “bright star” by the world, with an estimated growth rate of 7.0% for the current year, which is the highest among major economies.
This growth rate is considered remarkable given the global slowdown caused by the COVID-19 pandemic and the economic impact of the pandemic and other challenges such as the war.
The minister’s statement highlights the government’s efforts to revive the economy and support its growth, despite the adverse circumstances faced by the country. With a focus on driving economic development and creating a more prosperous future for India, the government is optimistic about the future of the Indian economy.
