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Reforms like demonetisation and GST carried out at the right time: Jaitley

The finance minister said there is a great interest about India in the United States and among its investors

Finance Minister Arun Jaitley
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ndian Finance Minister Arun Jaitley delivers the Harvard Mahindra lecture at the Harvard South Asia Institute in Boston (Photo: PTI)

Press Trust of India Washington
India carried out key structural reforms at the right time -- when the growth rate was high -- and it will serve the country well in the days to come, Finance Minister Arun Jaitley said on Saturday.

Some of the key reforms, including demonetisation and the Goods and Services Tax (GST), were carried out keeping in mind their long-term benefits to the country's economy and as a result India's growth rate is now headed for a higher trajectory, he said.

"When the world was growing at two-and-a-half per cent, India was the fastest-growing major economy in the world. That was