Finance Minister Arun Jaitley today asserted that the country's economy will boost further with the government taking all effective measures in the financial sector. He exuded confidence that the growth rate of economy will cross 8 per cent during the current financial year. <br/><br/>Mr Jaitley was replying to a discussion on the Supplementary Demands for Grants in respect of the General Budget for 2015-16 in the Lok Sabha. Elaborating the measures taken by the government, Finance Minister said the banks which are suffering due to Non-Performing Assets (NPA), will be recapitalised to the tune of Rs 1.80 lakh crore in the next five years to ensure their sound health. <br/><br/>He said the proposed Goods and Services Tax (GST) regime will bring buoyancy to the economy besides benefiting many consuming states like Odisha. He said despite adverse global economy, the implementation of GST will boost Indian economy by one to two per cent. <br/><br/>He also said major infrastructure projects with respect to national highways, steel and power will be infused with adequate funds. He said the government will pump funds into the stalled infrastructure projects. <br/><br/>Referring to Andhra Pradesh, the Finance Minister assured that the Centre will continue to support in all possible ways to cover of its losses incurred due to bifurcation. Later, the House approved the Supplementary Demands for Grants to the tune of over Rs 40,800 crore by voice vote.