SINGAPORE: India's economic slowdown has bottomed out and now it should start moving upwards after recovering from the "temporary blip" seen during the recent structural changes, Finance Minister Arun Jaitley said today. Addressing investors at the Morgan Stanley annual conference here on 'India: Structural Reforms and Growth Path Ahead', Jaitley talked about the "massive" economic reforms undertaken by India. "I think the bottoming out of the economy is complete and now it should start moving upwards. "How do I see the economy moving? "Therefore, we need over the next, at least, a decade, if not more, significantly higher growth rates in order to go ahead with expansion plan of the Indian economy, Jaitley said.

Source: Economic Times November 16, 2017 07:18 UTC