Indian Economy Strong, Stable Amid Global Uncertainty: FM Sitharaman

• Finance Minister Nirmala Sitharaman affirmed the Indian economy's strong fundamentals and stable, sustainable growth trajectory despite global uncertainties.
• The recent budget incorporates a long-term vision, extending beyond tax proposals to a roadmap for India's development until 2047, considering future uncertainties.
• Sitharaman highlighted political stability and consistent government business policies as key factors boosting investor confidence.
• Major budget initiatives include a comprehensive customs overhaul to facilitate trade and logistics, alongside a strong emphasis on promoting Research and Development (R&D).
• The Finance Minister expressed confidence in managing inflation within target bands, achieving sustainable growth, and accelerating fund flow, while also stressing the need for more investment to bridge the gap with China.

Why It Matters: FM Sitharaman assures strong economic fundamentals, stable growth, and a clear 2047 roadmap for India.