India does not face any risk of either recession or stagflation as its macroeconomic fundamentals are "perfect", Finance Minister Nirmala Sitharaman asserted in the Lok Sabha on Monday.
In nearly two-hour long reply to a debate on price rise, she said India continues to be a fast-growing economy in the world quoting reports of global agencies.
Not satisfied with the reply, the opposition led by the Congress staged a walkout.
Sitharaman said that India is doing better than its peers and "there is no question of India getting into recession or stagflation ... there is no question of us getting into stagflation or
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