FM Sitharaman urges industry to trust India's economic fundamentals

Finance Minister Nirmala Sitharaman urged industry leaders to stop second-guessing India's economic fundamentals at HSBC India's Third Annual Financial Inclusion Gathering in Mumbai. She cited robust GST collections, resilient banking, extreme poverty dropping to ~2% by FY23, and growing middle-class purchasing power as evidence India has reached a critical point in its growth journey.