'7.8% Q1 growth not a random number, I give entire credit to people of India': Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman spoke at the 8th ITRAF International Tax Conference held in Bengaluru: '7.8% Q1 growth is not a random number. I don't take the credit for my side or the government's side; I give the entire credit to the people of India—the hardworking industry, small MSMEs, and everyone else. It is their sheer dint of hard work that is working out. Of course, policies are the framework or the rail track on which the train moves. The reason I am saying industry should talk and stay in touch with their counterparts elsewhere is that you know how difficult and challenging the environment is everywhere. I am not saying it is just the industry—it could be observers of the Indian economy or some in the media who say, "Oh my God, no, India is not okay here; India is not okay there." Yes, of course, India is not okay here and probably not okay somewhere else, and it is our business to work together to set it all right. However, the continuing negative commentary saying nothing is happening in this country is something I worry about. The environment created by the hard work of our people is showing results—reaching 7.8% growth and driving strong GST collections, even after bringing all the rates down in last year's reforms. In India—let me say this with complete dedication, commitment, and absolute belief—the certainty this government brings, having been elected for a third term, combined with tax policy certainty a principle the Prime Minister constantly advises me on), leaves India far better placed despite global challenges...' --------------------------------------------------------------------------------------------- Exclusive content, special privileges & more – Subscribe to ThePrint for Special benefits: https://tinyurl.com/4ymm9wh5 --------------------------------------------------------------------------------------------- Connect with ThePrint » Subscribe to ThePrint: https://tinyurl.com/4ymm9wh5 » Subscribe to our YouTube Channel: https://bit.ly/3nCMpht » Like us on Facebook: https://www.facebook.com/theprintindia » Tweet us on Twitter: https://twitter.com/theprintindia » Follow us on Instagram: https://www.instagram.com/theprintindia » Find us on LinkedIn : https://www.linkedin.com/company/theprint » Subscribe to ThePrint on Telegram: https://t.me/ThePrintIndia » Find us on Spotify: https://spoti.fi/2NMVlnB » Find us on Apple Podcasts: https://apple.co/3pEOta8