Finance Minister Nirmala Sitharaman on Tuesday promised more policy interventions to revive the economy, and emphasised that green shoots are visible and the agriculture sector is driving growth.
Indicators like electricity and fuel consumption, inter and intra-state movement of goods, PMI data and retail financial transactions are witnessing a pick-up, she said.
She clarified that the Aatmanirbhar Bharat is not an inward looking idea and does not shut doors for exports and imports.
Earlier this month, Prime Minister Narendra Modi too had said the Indian economy has started seeing “green shoots” of recovery and the country remains one of the most open economies in the world.
Speaking at the India Ideas Summit, Nirmala Sitharaman said the government has announced a stimulus package totalling 10 per cent of the GDP which was having its impact on economic revival.
“We can see the agriculture sector clearly driving the revival. Activities related to rural economy whether it is tractor sales or logistics are all up and above we are at stage if we all work together government, regulators and financial sector,a very good strong recovery is before us,” she said