Finance Minister Arun Jaitley virtually rebutted RBI Governor Raghuram Rajan’s remarks that India is ‘one-eyed king in the land of blind’, saying that the Indian economy was growing the fastest.
Jaitley was reacting to Rajan’s remarks last week that, “at 7.5 per cent growth rate India seemed to be one eyed king in the land of blind.”
“Compared to the rest of the world we are growing much faster, in fact the fastest. Compared to our own potential, we can do better,” the finance minister said while adding that, “we are still impatient because we know that our potential is to do distinctively better.”
Talking about the reforms, Jaitley said that the momentum must continue and expressed hope that Goods and Services Tax (GST) will get through with numbers changing for the better in the Rajya Sabha.
(With PTI Inputs)