Union Finance minister Nirmala Sitharaman has stated that India’s economic growth has increased to 7 percent as a result of the decisive and reform-oriented measures implemented by the BJP-led Union Government. Her remarks highlight the government’s confidence in the country’s economic direction despite global uncertainties.

According to the Finance minister, a combination of structural reforms, fiscal discipline, and targeted policy interventions has helped strengthen the indian economy. Key initiatives such as the Goods and services Tax (GST), Insolvency and Bankruptcy Code (IBC), digitalization of financial services, and production-linked incentive (PLI) schemes have improved efficiency, boosted manufacturing, and enhanced ease of doing business.

Nirmala Sitharaman emphadata-sized that strong public investment in infrastructure, including highways, railways, ports, airports, and wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital connectivity, has played a major role in driving economic momentum. Increased capital expenditure, she said, has not only stimulated demand but also created employment opportunities across multiple sectors.

The Finance minister also pointed to improvements in banking sector stability, better management of non-performing assets, and increased credit flow to MSMEs and startups as contributors to sustained growth. government support for sectors such as renewable energy, defence manufacturing, electronics, and technology services has further strengthened economic resilience.

Despite global challenges such as inflationary pressures, geopolitical tensions, and slowing growth in major economies, india has remained one of the fastest-growing major economies in the world. Sitharaman attributed this performance to prudent macroeconomic management, timely policy responses, and strong domestic consumption.

She further stated that the government remains committed to inclusive growth, with welfare schemes targeting the poor, farmers, women, and marginalized communities complementing economic reforms. According to her, these combined efforts ensure that economic growth translates into improved living standards for citizens.

In conclusion, the Finance Minister’s statement underscores the bjp government’s belief that consistent reforms and decisive governance have laid a strong foundation for sustained economic growth. The achievement of a 7 percent growth rate, she said, reflects India’s growing economic strength and its potential to emerge as a leading global economy in the coming years.

 

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