🔹 India’s Economic Confidence is Real, Says Finance Minister Nirmala Sitharaman
Speaking at a recent industry forum, Finance Minister Nirmala Sitharaman underlined the resilience and strength of the Indian economy, saying the “economic buoyancy cannot be overstated” and is evident in how far the country has come.
“We wouldn’t have been where we are if not for this buoyancy,” she noted, adding that strong fundamentals, policy continuity, and private sector resilience are driving India’s sustained growth trajectory.
🔹 India’s Growth Path: Not Just Numbers, but Momentum
According to Sitharaman, the recent GDP growth figures are not a fluke but a result of “structured reforms, consistent macroeconomic policies, and strong domestic demand.”
Key Points Highlighted:
India is among the fastest-growing major economies in the world.
Manufacturing, services, and infrastructure are contributing heavily to the momentum.
GST collections, direct tax buoyancy, and record exports reflect robust financial activity.
🔹 Private Sector and Investment Confidence Soaring
The Finance Minister pointed out the surge in private capex, Make in India initiatives, and foreign investor confidence. She credited the digital infrastructure, PLI schemes, and stable governance for creating a fertile ground for long-term growth.
🔹 Rebuttal to Skeptics: “We Didn’t Reach Here by Luck”
In a subtle response to critics of India’s economic narrative, Sitharaman emphasized:
“This is not about luck. This is a reflection of India's economic resilience, our ability to adapt and reform, and the people's belief in growth.”
✅ FAQs
❓What did Nirmala Sitharaman say about India's economy?
She stated that India's economic buoyancy cannot be overstated and credited structured reforms, investor confidence, and domestic demand for the current growth.
❓Why is India’s economy considered resilient in 2025?
Due to policy reforms, improved tax compliance, manufacturing push, and high consumer confidence, India has sustained its growth despite global challenges.
❓What sectors are driving India’s current economic growth?
Manufacturing, services, infrastructure, and digital innovation are among the key contributors.
❓What does economic buoyancy mean in this context?
It refers to the sustained and broad-based strength of the economy, including tax revenue growth, investment flows, and strong output performance.
published on 30 june
Publisher : SMITA
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