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- Finance Minister: Arun Jaitely on GDP
Finance Minister Arun Jaitley, today said it's necessary for India to emerge out of the crisis stronger because it is on a way higher and stabler footing than other nations.
"Unpredictability and volatility" became the new international norm.
In these circumstances, it's very necessary for India to emerge and emerge out of the crisis even stronger, he said whereas addressing the Invest Karnataka 2016 summit here.
Jaitley said that India is "relatively unimpacted" by a number of the factors that have caused the worldwide crisis.
"Lower costs of oil and metal commodities well suit North American nation. It indirectly impacts North American nation as a result of it shrinks our exports; it makes our markets additional volatile, currency additional volatile, however compared to the remainder of the globe, we are still on a way higher and stabler footing".