India Capable of Sustaining 8% GDP Growth: FM Nirmala Sitharaman

• Finance Minister Nirmala Sitharaman stated that India is fully capable of maintaining a GDP growth of 8 percent or more.
• She cited government stability and clear policies as key strengths boosting investor confidence and economic foundation.
• Sitharaman believes the slight dip in 2022 GDP growth was temporary, expecting acceleration with increased fund flow.
• All macroeconomic indicators for India are strong, with positive trends in industry, services, consumption, and employment.
• The Finance Minister expressed optimism for India's future, foreseeing rapid growth driven by policy stability and reforms.

Why It Matters: India is poised for sustained 8% GDP growth, backed by stable government, clear policies, and strong economic fundamentals.