Finance Minister Nirmala Sitharaman, speaking in the Rajya Sabha, acknowledged that the economic growth may have dimmed a bit but refused to call it a recession. She then went on to say that the country will never face recession.
“If you are looking at the economy with a discerning view, you see that growth may have come down but it is not a recession yet, it will not be a recession ever,” said the Finance Minister in parliament, adding that country’s real Gross Domestic Product (GDP) growth was at 6.4 per cent at the end of 2009-2014, but rose to 7.5 per cent between 2014-2019.

source: https://goindocal.com/

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25 thoughts on “Growth may be down but it’s not recession yet: Sitharaman in Rajya Sabha

  1. Symbolic representation of Indian economy sleeping…while bluff master Nirmala speaking… Its true… 🤣🤣🤣🤣

  2. Are we waiting for recession?? I really hate her… comparison is not the solution rather tackling the issue is the solution..

  3. I have complete trust in my government ,i am ready to give them 150 years ,we gave corrupt government 60 years cant we give this government which thinks for the betterment of this country,youth of this country,job creation, reducing corruption ,750 years , Superpower by 3070

  4. Are we awaiting for that to hit prior taking any actual actions. No policies framed to increase demand which is the biggest failure of these govt. Worst Indian govt. ever

  5. We Indians should be proud of our FM ,NIRMALA Sitharam ma'am ,she has huge capacity to rise our economy in coming days ,no doubt in this .let's wait for the day.she needs some time to see all rhe loop holes then she wil have her big steps in Indian economy

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