FM set to list actions of 100-days amid low macro stats
Amid the economic slowdown plunging August sales of automobiles to the lowest since 1997-98 indicating further worsening of demand and investment, Finance Minister Nirmala Sitharaman will elaborate on the decisions and initiatives taken by the Modi2.0 government in last 100 days.
She will address media on “Furthering Development — 100 days of bold initiatives, decisive actions of the government”.
The Q1 GDP growth has fallen to 5 percent, slowest in six years. Growth is down compared to the 5.8 percent recorded in Q4 FY19 and the 8 percent that the Indian economy hit one year ago in Q1 FY19.
