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Fiscal steps taken by government led to positive growth in Q3: Nirmala Sitharaman

Fiscal steps taken by government led to positive growth in Q3: Nirmala Sitharaman Top Searches Fiscal steps taken by government led to positive growth in Q3: Nirmala Sitharaman PTI / Mar 8, 2021, 23:46 IST FacebookTwitterLinkedinEMail Finance minister Nirmala Sitharaman (File photo) NEW DELHI: Finance minister Nirmala Sitharaman on Monday said the fiscal measures taken by the government have resulted in positive growth of 0.4 per cent in the third quarter of the current financial year. The economy is estimated to contract by 8 per cent during 2020-21 due to the impact of the Covid-19 pandemic. The fiscal measures taken by government during 2020-21 have been calibrated to sustain high spending in the economy and assist in its V-shaped recovery, resulting in a positive GDP growth of 0.4 per cent in third quarter of FY 2020-21, she said in a written reply in the Lok Sabha.

FM Sitharaman credits govt s fiscal measures for 0 4% GDP growth in Q3

FM Sitharaman credits govt s fiscal measures for 0 4% GDP growth in Q3
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Fiscal steps taken by govt led to positive growth in Q3: Nirmala

Read more about Fiscal steps taken by govt led to positive growth in Q3: Nirmala on Business Standard. Finance Minister Nirmala Sitharaman on Monday said the fiscal measures taken by the government have resulted in positive growth of 0.4 per cent in the third quarter of the current financial year.

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