India finance minister confident of double-digit GDP growth in FY23

“We are literally the fastest growing economy," she emphasised, saying she did consider the fact that much more developed economies comparable with India are on the verge of recession.

"I hope for (double-digit growth). We will work for it... So if you're not on the verge of recession, it also gives me the confidence that if you are constantly responsive in terms of the sections which need hand-holding, in terms of the boost that we have to give to the economy..." she was quoted as saying by a news agency.

Recent figures released by the government indicated that India saw 13.5 per cent GDP growth in the first quarter of this fiscal. It was 20.1 per cent a year ago.

Fibre2Fashion News Desk (DS)