During his visit to the Sydney Campus of S P Jain School of Global Management, Union Finance Minister Arun Jaitley delivered a lecture on ‘Reimagining India' and said that India expected to achieve the higher growth rate of 8% and above in coming years.
Stating that India continues to be one of the fastest growing economies in the world, the Finance Minister said that India is yet to realise its full potential of growth. He said that even during the global economic turmoil in the past, India has always showed resilience.
Mentioning the significant improvement in the macroeconomic stability, as reflected in low levels of inflation, contained fiscal deficit (FD) and Current Account Deficit (CAD), he said that this has been in spite of uncertain global economic situation.
(Continued on the next page)