{"id":34598,"date":"2018-06-19T11:48:22","date_gmt":"2018-06-19T11:48:22","guid":{"rendered":"http:\/\/punjabnews24.com\/?p=34598"},"modified":"2018-06-19T11:48:22","modified_gmt":"2018-06-19T11:48:22","slug":"prediction-of-decline-in-gdp-due-to-gst-and-demonetization-has-been-proved-wrong-says-arun-jaitley","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/prediction-of-decline-in-gdp-due-to-gst-and-demonetization-has-been-proved-wrong-says-arun-jaitley\/","title":{"rendered":"Prediction of decline in GDP due to GST and demonetization has been proved wrong, says Arun Jaitley"},"content":{"rendered":"<p>Union Minister Arun Jaitley has said, 7.7 per cent economic growth in the fourth quarter of 2017-18 firmly established India as the fastest growing major economy in the world.<\/p>\n<p>In a Facebook post, he said those who predicted a 2 per cent decline in GDP growth have been proved wrong. Arun Jaitley pointed out that the economy rewards structural reforms, fiscal prudence, and macro-economic stability.<\/p>\n<p>In an article titled &#8216;The Economy and the Markets Reward Structural Reforms and Fiscal Prudence&#8217;, Union Minister Arun Jaitley makes it clear that the Modi government&#8217;s policies have established India as the fastest growing global economy, with the high GDP growth rate of 7.7 percent likely to continue for a few years. His article hits out at some earlier Finance Ministers who had predicted a 2 percent decline in GDP growth after demonetisation, saying they had been proved wrong.<\/p>\n<p>He contends that all structural reforms, social sector schemes and rural development programmes over the last four years, have resulted in high government spending which has promoted growth.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Union Minister Arun Jaitley has said, 7.7 per cent economic growth in the fourth quarter of 2017-18 firmly established India as the fastest growing major economy in the world. In a Facebook post, he said those who predicted a 2 per cent decline in GDP growth have been proved wrong. Arun Jaitley pointed out that [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":34599,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[312,315],"tags":[],"class_list":["post-34598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india","category-top-stories"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/34598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=34598"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/34598\/revisions"}],"predecessor-version":[{"id":34600,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/34598\/revisions\/34600"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/34599"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=34598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=34598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=34598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}