ANI
08 Jun 2026, 22:01 GMT+10
New Delhi [India], June 8 (ANI): Union Minister for Railways, Communications and Electronics & IT Ashwini Vaishnaw on Monday expressed confidence in India's economic outlook, saying the country's growth model remains one of the strongest globally and is expected to continue delivering a consistent growth rate of 6-8 per cent despite global uncertainties.
Speaking with ANI, addressing concerns over foreign institutional investment trends, Vaishnaw said India's economic fundamentals remain robust and are increasingly being recognised by investors across the world.
'The way we are growing and our economic growth model, we will be growing at a 6-8 per cent consistent growth rate. Tell me one major economy among the top 10 economies in the world which can say that we are continuing to grow at 6-8 per cent consistently, not a single one,' the minister said.
He said India's sustained growth trajectory distinguishes it from other major economies facing economic headwinds and expressed confidence that global capital will continue to flow into the country.
Speaking on the impact of the ongoing crisis in West Asia, Vaishnaw said the conflict has created uncertainty and inflationary pressures across the world. However, he asserted that India has been able to protect its citizens from the worst effects of these global disruptions through effective policy measures.
'Our government has handled it much better than any other government in the world,' he said, adding that the Centre's economic management has helped shield citizens, farmers and businesses from external shocks.
The minister said the government's policy decisions, both in recent years and during periods of global volatility, have strengthened India's economic resilience and ensured stability amid challenging international conditions.
Reiterating the government's vision of Viksit Bharat, Vaishnaw said India is well-positioned to continue its growth momentum and emerge as a preferred destination for global investment even as several major economies grapple with inflation and geopolitical tensions. (ANI)
Get a daily dose of Kolkata Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kolkata Sun.
More InformationRIO DE JANEIRO, Brazil: Airline executives from around the world are meeting in Rio de Janeiro this weekend amid growing concerns that...
TAIPEI, Taiwan: Taiwan should use its defense money more wisely and learn from the wars in Ukraine and the Middle East, especially...
CAIRO, Egypt: Iran launched ballistic missiles and drones toward Bahrain and Kuwait early on June 6, Bahrain's government said, adding...
NEW YORK CITY, New York: The sudden collapse of Spirit Airlines has left thousands of pilots, flight attendants, and other employees...
PARIS, France: U.S. Defense Secretary Pete Hegseth used a speech marking the anniversary of the D-Day landings to urge European countries...
OSLO, Norway: Norway's Crown Princess Mette-Marit has been put on a waiting list for a lung transplant after her health got worse,...
WASHINGTON, D.C.: The Trump administration has proposed new tariffs of 10 percent or more on imports from dozens of major U.S. trading...
By Vipul Kashyap New Delhi [India], June 8 (ANI): India's former World Cup-winning cricketer and current Professional Golf Tour of...
By Vipul Kashyap New Delhi [India], June 8 (ANI): Former Indian skipper Kapil Dev hailed young batting sensation Vaibhav Sooryavanshi...
Bengaluru (Karnataka) [India], June 8 (ANI): Karnataka Home Minister Priyank Kharge on Monday directed city police officials to issue...
New Delhi [India], June 8 (ANI): Bharatiya Janata Party MP Sambit Patra on Monday ridiculed the INDIA bloc's latest strategy meeting,...
New Delhi [India], June 8 (ANI): Union Minister for Railways, Communications and Electronics & IT Ashwini Vaishnaw on Monday expressed...
