"India maintained, strengthened economic growth rate": Union Minister Gajendra Singh Shekhawat amid West Asia conflict
New Delhi, June 11
Union Minister Gajendra Singh Shekhawat on Thursday highlighted that while the rest of the world is struggling amid the West Asia conflict, India has maintained and strengthened its economic growth rate over the last quarter.
Speaking to ANI, Shekhawat said that India stands out as the world's fastest-growing economy with registered growth in the manufacturing sector and a positively maintained trade balance.
"The West Asia crisis has undoubtedly impacted the entire world, given that the nations in that region are major global energy suppliers. While the rest of the world has been grappling with a challenging period marked by various crises and apprehensions, India has successfully maintained and strengthened its economic growth rate over the last quarter. India stands out as the world's fastest-growing economy. Alongside this, India's manufacturing sector has registered growth, our trade balance has shown positive indicators, and our foreign exchange reserves remain robust," he said.
Speaking on the National Democratic Alliance (NDA) meeting held on Wednesday regarding the 12-year milestone of Prime Minister Narendra Modi, Shekhawat said that NDA leaders expressed gratitude to the people of the country for trusting the BJP-led NDA government.
"Yesterday was undoubtedly a very important day for the NDA. All leaders of the NDA expressed gratitude to the people of the country that,, even in today's circumstances, the people have trusted us," he said.
Meanwhile, PM Modi on Wednesday surpassed former Prime Minister Jawaharlal Nehru to become the longest-serving elected Prime Minister of India. PM Modi has now served 4,399 consecutive days in office, surpassing Nehru's record of 4,398 consecutive days.
This momentous tenure has also witnessed the Bharatiya Janata Party transforming into the national political hegemon, consistently expanding its footprint to newer regions and attracting widespread support from myriad communities.
— ANI
Reader Comments
The manufacturing sector growing is a huge positive. And our forex reserves being robust gives me confidence as a common citizen. But let's not forget, the real test will be how we handle inflation in the coming months.
Waah! India shining while the world is in turmoil! But let’s be honest—how much of this growth is trickling down to the villages? My village in UP still struggles with basic infrastructure. Happy for the macro numbers though. 🇮🇳
Impressive growth figures, but I’d like to see more transparency about how the trade balance is being achieved—are exports genuinely competitive or just subsidized? Still, any good news is welcome these days. Keep it up, India!
The West Asia crisis is no joke, and India managing to maintain growth is commendable. But we must also acknowledge the diplomatic tightrope we're walking—balancing energy needs with regional stability. Hope our leaders keep the nation's interests first. 🙏
While I appreciate the economic resilience, I’m concerned the narrative is being used to deflect from domestic issues like farmer protests and unemployment. Growth is good, but inclusive growth is better. Let’s see long-term sustainability.
D David E