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India's GDP Growth Near Zero, Says Finance Minister
Brut India
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4/18/2025
"The next year... India is seeing itself as one of the fastest-growing economies." The economy is in a hole but not a very deep one, according to the finance minister.
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00:00
The overall GDP growth notwithstanding the pandemic should be something which as is being
00:10
predicted by the IMF even if it is going to be in the negative or near zero this time.
00:16
Festival season has commenced in India as a result of which I expect the demand to go up
00:24
and therefore be sustainable. The FDI flow inwards in India between April and August 2020
00:32
grew by about 13% compared to the non-COVID-19 comparable period.
02:32
The overall GDP growth notwithstanding the pandemic should be something which as is being
02:45
predicted by the IMF even if it is going to be in the negative or near zero this time
02:53
the next year will be very clearly India seeing itself as one of the fastest-growing economies.
03:02
flow inwards in India between April and August 2020 grew by about 13% compared to the non-COVID
03:13
2019 comparable period. Globally, we are one of the lowest in terms of corporate taxation.
03:21
For any investment which comes into manufacturing and which commences production by March 31st,
03:29
2023, they shall be paying only 15% corporate tax.
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