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Govt working on more measures to boost economy: FM Nirmala Sitharaman

Saturday, December 7, 2019, 9:00 PM

Finance-Minister Nirmala Sitharaman said the government is working on more measures to revive the sagging economy. The GDP growth slowed down to more than six-year low of 4.5% in the second quarter of the current fiscal from 5% recorded in the first-quarter. The government has taken several measures during August and September to boost the economy, she said at the HT Leadership Summit.
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Modi unusually silent, his Cabinet clueless on economy: P Chidambaram

Thursday, December 5, 2019, 3:00 PM

Congress leader and former Union finance minister P Chidambaram mounted an unprecedented attack on the Centre on Thursday over the economic slowdown and questioned Prime Minister Narendra Modi's "unusual silence" on the issue. Chidambaram, who was released on bail on Wednesday after spending 106 days in jail, said Modi's silence had left his ministers to indulge in "bluff and bluster".
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No recession yet: Sitharaman is right but what about warning signals

Saturday, November 30, 2019, 8:05 AM

Union Finance Minister Nirmala Sitharaman has strongly defended the handling of the slowing economy by the Narendra Modi government. The economy has been on a downward spiral with six consecutive quarters recording a slowing rate of growth in GDP. On November 15, Sitharaman told journalists in New Delhi that "it is too presumptive of me to say it [economic slowdown] has bottomed out".

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