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Economy

Nirmala Sitharaman says economy in recovery mode, cites increase in FDI & GST collection

Updated : February 12, 2020 06:35 AM IST

She said, increasing foreign direct investment (FDI), rise in factory output and over Rs 1 lakh crore GST collection in the past three months are indications of green shoots in the economy.
Referring to visible indicators of green shoots, the finance minister said the forex reserve is at an all-time high and the stock market is upbeat.
The finance minister said the government's focus is on four engines of growth which include private investment, private consumption, public investment and exports.
Nirmala Sitharaman says economy in recovery mode, cites increase in FDI & GST collection

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