Modi reels out credit growth, FDI inflows to slam doubters

Modi reels out credit growth, FDI inflows to slam doubters
Modi reels out credit growth, FDI inflows to slam doubters

NEW DELHI: In a strong rebuttal to those doubting India being the fastest growing major economy, Prime Minister Narendra Modi today reeled out statistics on credit growth and record FDI inflows to underscore that the economic success was the hard-won result of prudence, sound policy and effective management.

He said the Government programmes are aimed at creating more employment as well as to carry out administrative and policy reforms for sustained growth.

“For India to be at the top of global growth tables is an unusual situation. Obviously, there are some who find that difficult to digest and come up with imaginative and fanciful ideas to belittle that achievement.

“The fact is that India’s economic success is the hard-won result of prudence, sound policy and effective management,” he said at the Bloomberg India Economic Forum. (AGENCIES)