By Administrator_ India
Economic data has conveyed a positive message, but sustaining the numbers in the upcoming months will make the recovery certain, according to Union Finance Minister Nirmala Sitharaman.
“A positive message is coming, whether it is increased GST collections, car and two-wheeler figures, exports, FDI inflows, forex reserves, PMI numbers or the rural economy sustaining its positive growth. All this gives the hope that it is sustaining, but on a note of caution, I will still say I wish we can get on a firmer ground sooner and talk with a lot more certainty,” Sitharaman told the Times of India.
The Goods and Services Tax (GST) collections in October 2020 were Rs 1.05 lakh crore, the first time monthly revenues crossed the Rs 1-lakh crore mark in FY21.