Global economic slowdown has affected Indian economy to some extent: Prakash Javadekar

'The economic slowdown witnessed all over the world has some effect on the Indian economy also,' Javadekar said while addressing a press conference on Saturday.
 

Published: 30th November 2019 04:17 PM  |   Last Updated: 30th November 2019 04:17 PM   |  A+A-

Prakash Javadekar

Union Minister Prakash Javadekar (File | PTI)

By ANI

NEW DELHI: On the completion of the six months of the Prime Minister Narendra Modi led government, Union Minister Prakash Javadekar said that the global economic slowdown has adversely affected the Indian economy up-to some extent.

"The economic slowdown witnessed all over the world has some effect on the Indian economy also," Javadekar said while addressing a press conference here on Saturday.

ALSO READ: GDP growth slumps to six-year low of 4.5 per cent in second quarter

"But Modi government has taken some big steps like the merger of Banks, loan of Rs 70,000 crores to banks, disinvestment in PSU's etc," he added.

"India is now the country with the lowest corporate tax. It has given hope to investors from across the world to invest in India," said Javadekar.

"PM visits abroad have helped in making a strong image of India in the world. Campaigns like say no to single-use plastic, ploughing etc have brought behavioural changes in people," he added.

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