FM Sitharaman calls India an oasis in a turbulent world.
- On November 2, Finance Minister Nirmala Sitharaman stated the Indian economy is an oasis in a turbulent world.
- “Between 2020 and today, we appear to have come out to a position where the problems remain, the fresh challenges are also growing up but India is perceived as an island of some amount of peace,” the finance minister said in Bengaluru at the Invest Karnataka Summit.
- She suggested India’s problems weren’t big enough to endanger it.
- Sitharaman ascribed India’s bright prospects to the government’s “careful planning, targeted facilitation, budgetary restraint,” and knowledge of the Indian economy.