Jailtley Assure That Indian Economy Is Capable To Overcome Global Slowdown Challenge

Finance Minister said that the Indian economy will not be affected by the global slowdown. Due to improved economic planning and reform. Jaitley World Economic Forum in Davos.

We are currently in better shape.

Jaitley said the Indian economy has the potential to withstand tough. In 2001, 2008 and 2015 have proven the fact that Indian economy and how the global slowdown is found. Today, we are in better shape. Can easily overcome a slowdown.

Finance minister expressed concern over China.

He stated concern over China’s economy, saying it is in bad times. China itself has acknowledged this fact. China is difficult to maintain a growth rate of 7% . Oil, metal and commodity producing countries are facing serious challenges. As a result, the global uncertainty has increased. The Americans are unlikely to produce better results in the fourth quarter. Investors are moving money from the market and it is being invested elsewhere.