Country's economic growth remains priority for government: Finance Minister
Exuding confidence that the Reserve Bank would manage the volatility emerging from the aggressive rate hike stance by the US Fed and the European Central Bank, Finance Minister Nirmala Sitharaman has said that the country's economic growth remains a priority for the government, as inflation has come down to a manageable level.
Finance Minister also underlined the other focus areas such as job creation and equitable distribution of wealth. Talking about fiscal management during the COVID-19 period, she said that India with a targeted fiscal policy managed through a challenging time without printing money.
Referring to the global energy crisis triggered by the ongoing Russia-Ukraine war, she further noted that uncertainty over the availability of crude, and natural gas continues. She also urged for deepening of ties between India and the US in all respects including on payment technology.
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings