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No question of India getting into stagflation or recession: FM in Lok Sabha

India remains fastest growing economy in assessment of global agencies, says Nirmala Sitharaman

Nirmala Sitharaman
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Union Finance Minister Nirmala Sitharaman

Press Trust of India New Delhi
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

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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