From Financialexpress · FE Bureau · · 50s
FM Sitharaman urges optimism on economic resilience
Finance Minister Nirmala Sitharaman calls for confidence in India's economy amid global challenges.
In brief
Finance Minister Nirmala Sitharaman calls for confidence in India's economy amid global challenges. Finance Minister Nirmala Sitharaman urged Indians to adopt optimism about economic resilience, citing strong GST collections, poverty reduction, and stable leadership under Prime Minister Narendra Modi. Originally…
FM urges optimism
Finance Minister Nirmala Sitharaman urged Indians to adopt optimism about the economy.
“India needs a lot of optimism. India needs a lot of conversing with optimism. India needs reduction in cynicism. India needs to voice that we believe in ourselves”
Global challenges
She highlighted resilient growth, strong GST collections, poverty reduction, and stable leadership amid global challenges.
GST collections
India’s GST collections grew at the quickest pace in over four years to a six-month high of Rs 2.31 lakh crore.
Poverty reduction
World Bank report shows nearly 500 million people lifted out of poverty between 2011 and 2023.
Policy stability
She attributed business confidence to policy clarity, transparency and political stability under Prime Minister Narendra Modi.
What it means
Finance Minister Nirmala Sitharaman urged Indians to adopt optimism about economic resilience, citing strong GST collections, poverty reduction, and stable leadership under Prime Minister Narendra Modi.
