“Growth rate Decreased but There is no Recession!”
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“Growth rate Decreased but There is no Recession!”

By Ndtv India calender  11-Dec-2019

“Growth rate Decreased but There is no Recession!”

  • Union FM Nirmala Sitharaman has given a statement in Rajya Sabha that there has been a slight reduction in the growth rate, but this does not mean that there is a slowdown.
  • Giving clarification, the Finance Minister says that the real GDP growth of the country was 6.4% at the end of 2009-2014, while it has increased to 7.5% between 2014-2019.
  • Nirmala Sitharaman believes that if one looks at the economy wisely, will come to know that only growth rates have come down.
  • The Finance Minister has made this remark during the discussion on the country's economic state in the Rajya Sabha.
  • At the same time, the opposition has been constantly raising questions about the economic slowdown on the government.


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