FreeCurrencyRates.com

इंडियन आवाज़     22 Nov 2019 12:48:22      انڈین آواز
Ad

Govt says fundamentals of economy are robust with inflation in control..

AGENCIES

Government has said that the fundamentals of the economy remain quite robust with inflation under check and bond yields low. It said, India continues to offer strong prospects of growth in near and medium term. An official press release said, the Government of India has noted that the Moody’s Investors Service has changed the outlook on India’s ratings to negative from stable while keeping the foreign-currency and local-currency long-term issuers rating unchanged at Baa2.

The Government said, India continues to be among the fastest growing major economies in the world and its relative standing remains unaffected. IMF in their latest World Economic Outlook has stated that Indian Economy is set to grow at 6.1% in 2019, picking up to 7 % in 2020. As India’s potential growth rate remains unchanged, assessment by IMF and other multilateral organizations continue to underline a positive outlook on India.

The Government has undertaken series of steps and reforms to strengthen the economy as a whole. Government of India has also proactively taken policy decisions in response to the global slowdown. These measures would lead to a positive outlook on India and would attract capital flows and stimulate investments.

One thought on “Govt says fundamentals of economy are robust with inflation in control..”

  1. Vegetables,Edible Oils,Milk and grans are VERY COSTLY.Inflation is LOW in other areas,as people do not have money,due to the so-called Demonetization,and the shutting down of MSMEs and job losses,as a result.Higher GST Rates also prevent people from buying.

Leave a Reply

Your email address will not be published. Required fields are marked *

50 years of International Film Festival India IFFI

Ad

SPORTS

Selection of sportspersons clean, transparent: Rijiju

AMN The selection process of sportspersons for international competitions is clean and transparent and ther ...

Shooting Jungsher and Kynan lead in Men’s Trap at Shotgun Nationals

Harpal Singh Bedi Jungsher Virk ( Punjab) fired two flawless rounds of 25 each to be tied on 98 with Olymp ...

Football ; 13th HERO I-League to commence on 30th November

Harpal Singh Bedi Former champions Mohun Bagan will take on Aizawl FC in the opening match of the 13th ...

ART & CULTURE

Sanskrit Bharati Vishwa Sammelan begins

AMN Sanskrit Bharati Vishwa Sammelan, a three-day mega event for discussing ideas, theories and research f ...

Literature plays an important role in social transformation: VP Naidu

AMN Vice President M Venkaiah Naidu says poetry has the capability to change attitudes, mindsets and social ...

Ad

MARQUEE

IRCTC to operate Golden Chariot luxury train from March 2020

AMN The Indian Railway Catering And Tourism Corporation, IRCTC, will operate and manage luxury train, Golden ...

Qutub Minar glitters amid LED illumination

  QUTUB MINAR Staff Reporter / New Delhi The historic Qutb Minar came alive ...

CINEMA /TV/ ART

Haryana participates in IFFI for first time, invites film industry

A scene from ‘Turram Khan’ Our Correspondent   Haryana for the first time took part in the Inter ...

IFFI Golden Jubilee Edition begins amid glittering ceremony

AMN / Panaji / Goa The Golden Jubilee edition of the International Film Festival of India (IFFI) began tod ...

Ad

@Powered By: Logicsart