What are the Measures to revive Economic Growth? Talks FMNirmala Sitharaman
Do You Know about this RecentInitiative of Government to Fix the Economic Slowdown?
Finance Minister Nirmala Sitharamanrecently announced to reevaluate the economy related to exports and homepurchasers. She mentioned six steps to boost exports in annual shoppingfestival like Dubai from the next year and a new auto refund system forexports from next month.
Thegovernment has stressed a fund of Rs. 20,000 cr. for new home buyers and tocomplete existing projects. The following fund will not cover the projectswhich are already affected by NPA and NCLT issues. People who are purchasinghomes in the NCR region are most affected by the defaulting of JaypeeInfratech, Amrapali, and Unitech in housing projects.
Key points and focuses to improve economy.
Statements regarding this matter.
People who are in power are making "weird" statements, these will not changethe condition of the economy but it will hamper the image of thegovernment.
AbhishekManu Singhvi lashed out
BJP isblaming everyone even the voters except how they handle the economy. He alsoquoted, Followers of Modi, has crossed 50 million, Economy will cross $5trillion, but how? Youth are unemployed, are you going to blame the oppositionfor this or OLA and Uber?
SoFinance Minister is saying that sales of busses and trucks are decliningbecause millennials are not purchasing it as they were doing it before.