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NEW DELHI (Reuters): India will implement more reforms to boost economic growth, including higher spending in farm sector and easing collateral-free loans to small businesses, President Ramnath Kovind told lawmakers on Thursday.
“Inflation is low, fiscal deficit is under control and foreign exchange reserves are rising ... Now India is moving towards becoming the world’s fifth largest economy,” Kovind said while addressing the joint session of parliament, ahead of the annual budget.
Newly appointed Finance Minister Nirmala Sitharaman will present the annual budget on 5 July.
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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.