{"id":5772,"date":"2017-09-23T11:05:48","date_gmt":"2017-09-23T11:05:48","guid":{"rendered":"http:\/\/punjabnews24.com\/?p=5772"},"modified":"2017-09-23T11:05:48","modified_gmt":"2017-09-23T11:05:48","slug":"economy-on-track-despite-unsupportive-global-factors-says-arun-jaitley","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/economy-on-track-despite-unsupportive-global-factors-says-arun-jaitley\/","title":{"rendered":"Economy on track despite \u2018unsupportive\u2019 global factors, says Arun Jaitley"},"content":{"rendered":"<p>Mumbai<\/p>\n<p>Finance Minister Arun Jaitley on Friday said that despite \u201cunsupportive\u201d global factors, the government has broadly put the economy on track.<\/p>\n<p>Jaitley has been holding consultations with his Cabinet colleagues and senior government officials to devise plans to lift the sagging growth.<\/p>\n<p>The GDP expansion hit three-year low of 5.7 per cent in the April-June quarter with India losing the fastest-growing economy tag to China for the second straight quarter.<\/p>\n<p>\u201cHere we were facing somewhat globally unsupportive environments. And yet, I will say with a sense of satisfaction that we have broadly put the economy on track,\u201d Jaitley said at an event organised here by Bloomberg.<\/p>\n<p>\u201cI think in terms of maintaining a steady rate of growth, in terms of systematically moving forward in the reform direction not deviating from the overall path itself, and maintaining a more transparent, a more realistic fiscal prudence better than most periods in event history, we were able to move forward,\u201d he said.<\/p>\n<p>Besides falling GDP growth rate, exports are facing strong headwinds and the industrial expansion is the lowest in five years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai Finance Minister Arun Jaitley on Friday said that despite \u201cunsupportive\u201d global factors, the government has broadly put the economy on track. Jaitley [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5773,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[312],"tags":[],"class_list":["post-5772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/5772","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=5772"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/5772\/revisions"}],"predecessor-version":[{"id":5774,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/5772\/revisions\/5774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/5773"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=5772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=5772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=5772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}