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Expressing optimism over India’s growth prospects, Union Finance Minister Nirmala Sitharaman has said that India is setting the global benchmarks on the digital front and there is a sense of confidence in the country that it will be able to face geopolitical and economic uncertainties and still perform. On India's economic prospects in the face of global uncertainty, Sitharaman said India is now setting global standards and countries around the world recognise this scale of achievement.

Regarding India's economic resilience amid global uncertainty, she said ‘There were times when global benchmarks and global standards were ones India looked up to... but on the digital front, be it payment, be it identity, health or education, India has actually set the benchmarks. There are countries which recognise that this scale of achievement is absolute watertight proof that it is unfailing over the years...’. She added ‘There are countries which recognise that this scale of achievement is absolute watertight proof that it is unfailing over the years, over the numbers...’.

The finance minister explained that the Indian economy is doing good business largely because the confidence in what has happened in the last two years is ‘palatably felt’. She said the Indian economy's revival is on a sustained path and it will continue to be resilient in the face of a possible global recession. She said ‘Because of the global recession, if my demand is going fall, exports are going to suffer and because of the strong dollar my Indian rupee would suffer -- all this taken on board -- there is a sense of confidence in India, we will go through this and we will be able to still perform’.