Responding to Members of Parliament (MPs) questioning whether India can maintain its projected growth rate between 6.5% and 7% this fiscal year, Sitharaman acknowledged Q2 FY25 "has been a challenging quarter" for India and globally. However, she emphasised the country's strong performance over a longer timeframe.
"In last three years, India's GDP growth rate has averaged 8.3%. This is outstanding," she said, comparing it to other major global economies. "India has been the fastest growing major economy in the world," she further said.
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