Recent reform measures to stimulate economy: Vice Prez

NEW DELHI: Vice President M Venkaiah Naidu on Monday exuded confidence that recent measures taken by the government will simulate investments, attract capital flows and give a push to GDP growth in the coming months.

The comments at the 21ST Assocham JRD Tata Memorial Lecture comes in the wake of India’s GDP slowing down to a six-year low of 5 per cent in the first quarter of the current fiscal and high-frequency indicators like auto sales showing muted performance.

Naidu said JRD Tata was not only a doyen of the Indian industry but also a visionary leader who foresaw a rising India and contributed to nation building in many remarkable ways.

“It is a matter of great pride for us that our nation is rising in stature in various fields – be it economic, geo-political influence, defence, sports, science, IT and space technology,” he said. (AGENCIES)