In a dialogue programme with investors & businessmen, Union Finance minister Nirmala Sitharaman has recently declared on Tuesday, that India has been a fastest growing economy from the last three consecutive financial years and asserted that this growth can be sustained in the years to come.
She said that the coming 25 years will be extremely critical for the country. Talking about India’s growth in detail, she also added that it is due to India’s economic credibility, that the foreign investors are coming to invest in this country.
In the financial year of 2023-24, India has seen 8% growth during all 3 quarters. Followed by the recent revision of IMF’s forecast, which now predicts that Indian economy is likely grow at 6.8% this financial year 2025.
“Due to the economic policy, larger macroeconomic stability, stable government, stable taxation policy, transparent tenders and procurement, there has been immense credibility of India’s economy abroad. So, the investors are coming here to invest,” she said.
She mentioned that international investors are showing interest in investing in India because they trust the stability and reliability of its economy.