(Ritambhara, intern journalist) New Delhi: Department of Economic Affairs (DEA) secretary Tarun Bajaj said on Tuesday that Finance Minister Nirmala Sitharaman would soon announce the next set of economic stimulus packages. He said that the government is currently looking at the demands and comments from the industries. Bajaj said in a virtual media briefing, ‘We are really discussing it. It is difficult for me to give a date, but we are getting lots of requests and comments from different fields and we are looking at them. It will be revealed very soon. The Finance Minister himself will tell you about it.
Tarun Bajaj further said, ‘Despite the situation of the coronavirus epidemic, our growth, which we think is intact, is now being recognized by others too who are ready to invest in India. We have been seeing a steady recovery in the economy for the last few months after the opening of the economy when the lockdown is completed. Tarun Bajaj added, ‘We hope to improve further in the month of November. The economy is growing faster than economists have anticipated. The IMF report mentions that India’s growth rate could be 8.8 percent in the next financial year, which is the best for the world’s major economies.
Tarun Bajaj informed that Prime Minister Narendra Modi will preside over a conference on November 5 with leading global investors including sovereign wealth funds with a total AUM of around $ 6 trillion.
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