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Economy Looking At 'V-Shaped' Recovery, Says Anurag Thakur

Thakur said the country's foreign exchange reserves, which have been steadily increasing over the last few months, had touched all time high at USD 590 billion in January 2021.

Economy Looking At 'V-Shaped' Recovery, Says Anurag Thakur
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Minister of state for finance and corporate affairs Anurag Thakur on Saturday바카라 웹사이트said that the country is already looking at a바카라 웹사이트'V-shaped' recovery and there are green shoots visible in various sectors of the economy.바카라 웹사이트

While addressing a바카라 웹사이트virtual conclave organised by the Institute of Actuaries of India, Thakur said,바카라 웹사이트"India is already looking at 'V-shaped' recovery. Along with the green shoots in various sectors, in the month of February, FPI inflows were Rs 25,787 crore".바카라 웹사이트

After two consecutive quarters of contraction, the country's gross domestic product (GDP) entered into a positive territory with a growth of 0.4 per cent in the October-December quarter of the current fiscal, according to the data released by the National Statistical Office (NSO) in February.

Thakur said the country's foreign exchange reserves, which have been steadily increasing over the last few months, had touched all time high at USD 590 billion in January 2021.

He said the accretion to the forex reserves in the last eight month was USD 100 billion.

"These are signs of confidence that the global funds and investors look at India as a destination to invest and they are bullish about India's growth story," Thakur added.

(With inputs from PTI)

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