Finance minister Arun Jaitley today said the Greece crisis is not likely to directly impact the Indian economy in any significant measure as India has low exposure to trade, remittances and capital flows with Greece. Informing this in the Lok Sabha in a written statement Mr Jaitley said government has taken various initiatives to improve the growth rate of the economy. He said, these include fiscal reforms with emphasis on consolidation and liberalisation of FDI in selected sectors. The finance minister informed the House that there has been a marginal increase in combined total liabilities of centre and states and external debt in the recent years.
News On AIR | July 24, 2015 2:21 PM
Greece crisis not likely to directly impact Indian economy: Jaitley