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India is a haven of stability: Pranab Mukherjee says on economy

India is a haven of stability: Pranab Mukherjee says on economy

India Blooms News Service | | 23 Feb 2016, 05:06 pm
New Delhi, Feb 23 (IBNS): In his address to a joint session of the Parliament, President Pranab Mukherjee on Tuesday said India is a haven of stability in an increasingly turbulent global economy.

"India is a haven of stability in an increasingly turbulent global economy. GDP growth has increased making India the world’s fastest growing economy among large economies," Mukherjee said.

" Inflation, fiscal deficit and current account deficit have all decreased. India recorded the highest ever foreign exchange reserves in 2015," he said.

The Budget session of the Parliament started from Tuesday.

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