Tuesday, July 16News That Matters

Indian economy is now fairly large to display a certain degree of resilience: Jaitley

Finance Minister Arun Jaitley today said Indian economy is now fairly large to display a certain degree of resilience.

He added that ability to grow in 7 to 8 percent range is fairly certain. The Finance Minister was speaking at the inauguration of FICCI’s 91st Annual General Meeting in New Delhi this evening.

He said there is a need to focus on several unreformed sectors in the economy. He also cited the need to improve credit flow and tackle liquidity.

On RBI, Mr Jaitley said government respects its autonomy and indepence. He said that pointing out credit and liquidity issues is not infringing on autonomy.

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