Union Finance Minister Nirmala Sitharaman on Monday said there is no question of India getting into stagflation or recession like other major economies of the world. In her reply to the debate on price rise at the Lok Sabha, Sitharaman said due to the measures taken by the government, India is in a much better position than most countries. Watch the video for more.
#india #nirmalasitharaman #inflation #pricerise #loksabha #breakingnews #modigovernment #recession #stagflation #loksabha #parliament #monsoonsessionofparliament…(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
In a recent debate in the Lok Sabha, Finance Minister Nirmala Sitharaman delivered a hard-hitting response to the ongoing discussions about inflation and its potential impact on the economy. Amidst growing concerns about rising prices and the possibility of a looming recession, Sitharaman confidently asserted that there is “no question of recession” in India.
Sitharaman’s remarks come in the wake of an uptick in inflation, driven primarily by soaring fuel and food prices. Critics have expressed apprehensions that the current inflationary trends could lead to a slowdown in economic growth and ultimately trigger a recession. However, the Finance Minister dismissed these concerns and emphasized the government’s proactive measures to address the issue.
During her speech in the Lok Sabha, Sitharaman emphasized the robustness of the Indian economy and highlighted its resilience in the face of global economic challenges. She cited various indicators, including the country’s GDP growth and foreign direct investment inflows, to make a case for the economy’s strength. Sitharaman also underscored the government’s efforts to bolster domestic consumption and support key sectors such as infrastructure and manufacturing.
In addition to defending the government’s economic policies, Sitharaman also took a swipe at the opposition, accusing them of indulging in fear-mongering and spreading misinformation about the state of the economy. She urged the opposition to refrain from creating panic among the public and instead collaborate with the government to tackle the challenges at hand.
Sitharaman’s assertive stance and unwavering confidence in the Indian economy have drawn both praise and criticism. While her supporters laud her resolute approach in the face of economic uncertainties, critics argue that her dismissal of recession fears is premature and fails to address the underlying causes of inflation.
It is undeniable that inflation poses a significant challenge to India’s economic outlook. The government’s ability to effectively manage inflation and prevent it from spiraling out of control will be crucial in sustaining the country’s economic growth. Sitharaman’s assurance that there is “no question of recession” reflects the government’s determination to instill confidence in the economy and assuage concerns about its trajectory.
As the debate on inflation and its impacts continues to unfold, it is imperative for the government to remain vigilant and proactive in addressing the underlying causes of inflation. Moreover, open and constructive dialogues between the government and the opposition are essential for formulating effective strategies to mitigate the effects of inflation on the economy.
Ultimately, Sitharaman’s resolute stance on the issue underscores the government’s commitment to steering the Indian economy through turbulent times. While the path ahead may be fraught with challenges, the government’s proactive approach and measures to stimulate growth will be instrumental in ensuring that the Indian economy remains on a steady trajectory.
Already in deep red recession.
She really don't deserve to be a financial minister
Worst FM in the history of India
RBI गवर्नर की भी सुन लो थोड़ी… हालात ठीक नहीं हैं…. और कब तक झूठ चलेगा
She should be jailed in case india goes into recession . India’s financial condition is not good and inflation is out of control . She should be held liable for her conduct and fooling the public
Very nicely explained the situation by Honorable TN Minister Mr PTR. He truly countered the Lies of BJP Minister Nirmala Stupidraman & Evil Agenda of Modi government.
Immediately change this FM
GDP Measurement is not so accurate to measure countries economic performance it only accounts for some major sectors , moreover GDP does not bring any major changes in the common citizens. We need something more accurate like
GREEN GDP Or any other measures which covers for inclusive development of the country
The unbacked arrogance and condescending tone she has is hilarious
Guess Barry Peppers – 25th Hour was right https://youtu.be/MLj7zeLFy5c
She is worst finance minister
HT used to be a trustworthy news channel now it is sold to bjp.
The BJP is working nicely for the people….we must support BJP….
For bjp no recession, but citizens will face recession
0 me o free me nehi hatihe mudthrache hotahe krishno Sheba
You FM are stabbing INDIANS WITH PRICE RISE. NO JOBS IN INDIA ONLY KNOW TO LOOT INDIANS. Indians want to leave INDIA BECAUSE OF THIS STUPID BJP GOVERNMENT.
Ask her the definition of Recession
15 lakh
Calculating Q1 data and showing increase in percentage for total increase during 21-22 will not help in avoiding recession without proper evaluation for Q2,Q3,Q4. Without proper Q1 data evaluation assuming an increase just shows the manipulative nature.
Now Raghuram Rajan said that India will not go in recession
This woman is incredibly intelligent!!
Nirmala tayi ku6 v?
Abhi manmohan nahi he pm, feku he pm so manmohan hote toh recession se bach jaate 2008 ki tarah lekin feku me dum nahi ki recession ko rok sake.
Yeh madarchd aourat ki saari hawa nikal jane wali he kyonki recession toh aane hi wala he
Liar
Even india debt is below critical point
Important to avoid increase percentage of national debt as far as possible
If possible sacrifice foreign reserve to strengthen currency is better than interest rate
Its fine to hold interest rate until foreign reserve reach minimum point at 10% of gdp
Maybe until 2024 we need to not excited for fundamental spending like military n infrastructure
Even if its heavy
But if necessary infrastructure is higher priority than military
We may find no solution for mig21 in shortterm
Limit it operational n keep it longer is the only option
Bcoz india have different socioeconomy composition than other g20 n g7 nation
If foreign reserve run out n inflation pressure above tolerated level
We can combine hard n soft monetary policy to keep economy float
Blllooooooooomberg Survey.. Difficult times..