Dip And Rise In GDP Part Of Growth: Sitharaman

Our full focus now is to see how we can raise it, says Finance Minister

Amid concerns about the country’s dipping Gross Domestic Product (GDP) during the first quarter of FY20, Union Finance Minister Nirmala Sitharaman said here on Tuesday that the dip and rise in GDP was part and parcel of growth and that the government was acting to boost the economy.

“About GDP growth rate reaching 5% in one quarter, I don’t want to negate or compare it with anything else earlier. But, it is useful for us to remember that such dips and rise in GDP growth do happen. I’m not underestimating it and we are not sitting without responding to do something to boost it,” Ms. Sitharaman told reporters.