business & economics

Nation's Economy Showing Green Shoots: FM Sitharaman

BP World Bureau | Jul 23 2020
Image credits: BP creatives

NEW DELHI: Finance Minister Nirmala Sitharaman said that the Indian economy is showing green shoots and the industry that the government is open to taking more actions in the future.

She said that the Rs 20.97 lakh crore stimulus package announced by the centre to fight the economic impact of COVID-19 pandemic was having a positive impact including in MSMEs, speaking at the 2020 India Ideas Summit.

Read: India Got $20 Billion During COVID-19 Lockdown: PM Modi 

She added that a green shoot "pick up" it witnessed in electricity and fuel consumption, inter and intra-state movement of goods, PMI data and retail financial transactions.