100 days of Modi govt: Fundamentals of economy strong, says Javadekar

Union Minister Prakash Javadekar on Sunday said the fundamentals of the Indian economy are strong and there is no "panic situation" in the country.
 

He also said sometimes a slowdown is a cyclical process, and such a patch" will not hurt the country's progress rate.

Responding to questions on the economy, slowdown and unemployment at a press conference to mark 100 days of the Modi government, he said "world over, there is a slowdown which also impacts markets here and people's behaviour changes".

"Therefore, we should not be worried too much. The government is responding with whatever actions are immediately necessary. This