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FY19 Growth GDP Down to a Five Year Low, The Big Challenge To Sitharaman.

Nirmala Sitharaman, as Finance Minister in the NDA-II government, will present Modi 2.0 government’s maiden Budget that should look to take out the country from slowing growth, create jobs, attract investments and tackle banking sector woes.

Sitharaman, on her first day in office, was greeted by GDP growth rate slowing down to a five-year low of 5.8 per cent in January-March quarter, slower than even China, and unemployment rate rising to 45 year high of 6.1 per cent in 2017-18.

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