“And now all indicators, from inflation to fiscal deficit, from forex reserves to current account deficit, from GDP growth to financial inclusion- all point to a very stable and sustainable economic position,” Thakur said.
Talking about the recovery post unlock, he said, it has been broad-based and has not come only from the agriculture sector.
Due to the gradual and thoughtful unlocking of the lockdown and the resumption of the business activities in the second quarter, he said, “we are looking at a strong economic revival, based on strong fundamentals and a slew of structural reforms.”
Thakur, who was conferred the honorary membership of the Institute of Company Secretaries of India (ICSI), said india is building a conducive ecosystem for enterprises and entreprenuers to emerge as dominant global players.
Prime Minister Narendra Modi‘s economic strategy of Aatmanirbhar Bharat is not only aimed at self-reliance but also sustainability across sectors, he added.