Govt confident of achieving growth of nearly 11.5%, says Anurag Thakur

Thakur also said that the government is focused on a clean up exercise in the banking system and setting up a bad bank was among the steps in that direction

The government is confident of achieving growth close to 11.5 per cent or even higher in FY2022, Minister of State for Finance Anurag Thakur told Business Standard in an interview. He added that while the new fiscal consolidation roadmap looked challenging, the government had a proven track record of fiscal discipline.
 

"The government had brought down the fiscal deficit from 5.6 per cent in 2013-14 to 3.4 per cent in five years. The pandemic has made all economies suffer. Now, we have given a new fiscal consolidation roadmap, which looks challenging, but we are known for fiscal prudence and we