New Delhi: India’s Finance Minister Nirmala Sitharaman said that the country is leading the world in digital innovation and has confidence in its ability to execute despite geopolitical and economic uncertainty.
When asked about India’s economic prospects in the face of global uncertainty, Ms. Sitharaman responded that the country is now setting global norms and that other nations are aware of its level of accomplishment. There are nations, she added, that understand this level of accomplishment as unequivocal evidence that it has held true over time and in terms of numbers.
The Indian economy is performing well, according to the finance minister, in large part due to people’s faith in what has happened over the past two years. According to her, the Indian economy is recovering steadily and will remain resilient in the event of a potential global recession.After the government began to digitalize the economy in 2014, there were concerns in India, according to Ms. Sitharaman, but the first inhibitions of individuals were overcome with the aid of digital technology.