Business & Economics

There Are Signs Of Economic Revival Post Pandemic: Piyush Goyal

BP World Bureau | Jul 25 2021 11:43:09 AM
Image credits: Twitter

NEW DELHI: Piyush Goyal, union minister of commerce and industry, said there are signs of economic recovery in India amidst the disruptions caused by coronavirus (COVID-19) disease.

He said that India will receive high foreign direct investments (FDIs) during the current financial year, while virtually addressing the plenary session of the Confederation of Indian Industry (CII) and Horasis India.

"India received the highest-ever FDI in the pandemic-hit 2020," he said. 

labour intensive and employment generating sector of engineering goods has also seen a growth of 33.70% growth in July. 

Read: RBI Bars Mastercard From Issuing New Debit, Credit Cards From July 22 

"Indian growth story is now being reflected across all the sectors from the ease of doing business to exports and from startups to services," said Goyal.