Arun Jaitley has been holding consultations with his Cabinet colleagues and senior government officials to devise plans to lift economic growth. Photo: PTINew Delhi: Finance minister Arun Jaitley on Thursday promised “appropriate actions” at the “right time” to revive the slowdown-hit economy and said the government is seized of the problem of private investment not picking up. We are analysing the economic indicators and appropriate action will be taken at right time,” the finance ministry tweeted Jaitley as saying at an investors’ meet. Two years ago, India was touted as a rare bright spot in a gloomy global economy with the gross domestic product (GDP) growth outpacing a slowing China. Besides falling GDP growth rate, exports are facing strong headwinds and the industrial growth is the lowest in five years.

Source: Mint September 21, 2017 09:00 UTC