Tensions in West Asia, yet the Indian economy is healthy! The growth rate is the highest in the world; Finance Minister Nirmala Sitharaman’s disclosure

India GDP Growth: It is certain that the booming situation at the global level and the rising inflation due to it has an impact somewhere on the growth rate of the country. But Finance Minister Nirnala Sitharaman himself explained that India’s current situation is not like that. Finance Minister Nirmala Sitharaman said on Sunday that despite tensions in West Asia, India is progressing rapidly and is the fastest growing economy in the world.

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Also accepted by the International Monetary Fund

At the Bharatiya Janata Party’s ‘Viksit Bharat’ programme, Finance Minister Sitharaman said that the central government does not claim that India is the fastest growing economy in the world, but the Gross National Product figures show it. He further clarified that the International Monetary Fund (IMF) also considers India to be the fastest growing economy among major economies.

Reply to Rahul Gandhi

Regarding Leader of Opposition Rahul Gandhi’s statement, Sitharaman said that Congress leaders are constantly criticizing the country’s economic performance, while on the other hand India is the fastest growing economy every quarter and every year. Leader of Opposition Rahul Gandhi in the Lok Sabha constantly says that a major economic crisis is coming, but India will not face any such crisis. The Congress leader’s repeated criticisms may create a wrong perception among citizens about the country’s economic situation.

Trying to mislead people

Union minister Sitharaman said, “Opposition leaders and their party try to mislead people that India is in trouble. Yet, despite the crisis in West Asia and the hurdles in the Strait of Hormuz, India continues to make progress.” Talking about the impact of geopolitical tensions on fuel supply and global trade, she said these challenges are not limited to fluctuations in crude oil and LPG prices.

So this cost has to be borne

“These challenges affect not only crude oil and LPG prices, but also global shipping. Shipping companies are reluctant to sail through conflict-affected areas. The risk of attacks on ships increases insurance premiums. Whether the ship is empty or loaded with crude oil, the cost of insurance increases significantly and ultimately, these costs have to be borne to ensure that supplies reach the country,” he further explained.

Finance Minister Nirmala Sitharaman revealed that despite these global challenges, the Narendra Modi government has continued to supply petroleum products without any interruption.

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