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Home News India

Economy is at its “robust-level” : Nirmala Sitharaman

by Janam Web Desk
Feb 8, 2020, 03:02 pm IST
in India

Chennai: Finance Minister Nirmala Sitharaman on Saturday interacted with industry traders in Chennai during ‘Jan Jan ka Budget’ event.

At the event she said that the economy is at its “robust-level” and asserted the Foreign Direct Investment (FDI) in the ocuntry is at an all-time high.

” Economy is at its robust level and macroeconomics is at its best. The fundamentals are strong. The foreign exchange reserves and FDI investments are at their maximum level,” she said.

While talking about the issue of sanctioning loans, she said, ” If the banks are denying loans without reason to the MSMEs they are welcome to send their complaints by mail to a special centre which is to be announced shortly. A copy of the same should be sent to the bank manager.”

Sitharaman assured that India will get back to 8 per cent growth and ” the government is making efforts to pursue the goals”.

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