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Determined to build a strong India:Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman said that many of the developed economies are on verge of facing recession but India has zero probability of going into recession. Ms Sitharaman said that despite that we cannot sit with complacency because as India has  set a goal of becoming a developed and advanced economy by 2047. The Finance Minister said this on Sunday at a function in Bengaluru.

She said, at present India is the fifth largest economy in the world and if it has to reach the third position and so on then it is not possible if we sit on this comfort factor that there is no recession. She said, to boost infrastructure, the Government of India has increased the spending from 4 lakh crore rupees in 2019 to 10 lakh crore rupees now.


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