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Not facing 5% slowdown, India remains fastest-growing economy: Govt

Minister of State for Finance Anurag Thakur said a number of steps were being taken to strengthen the economy

Anurag Thakur
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Thakur said tax concessions have been given to industries, foreign direct investments and MSME sector

Archis Mohan New Delhi
Amid Opposition protests and demands for a discussion on economic slowdown, the Narendra Modi government on Monday said India did not face a 5 per cent gross domestic product (GDP) slump. The country continues to be the fastest growing economy in the world, it said.

During the Question Hour in the Lok Sabha, opposition MPs asked questions on the economic slowdown and whether demonetisation and implementation of the goods and services tax (GST) contributed to the economy having taken a hit.

Minister of State for Finance Anurag Thakur said a number of steps were being taken to strengthen the economy that included

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