New Delhi: Members of Parliament voiced concern over the Indian rupee’s decline and a slowdown in private investment during a meeting of the Parliamentary Standing Committee on Finance.
The session, chaired by committee head Bhartruhari Mahtab, saw members also question the government on inflation and external risks, including the West Asia conflict.
MPs further sought clarity on the proposed India–US trade agreement and new restrictions introduced by China to protect its industrial sector.
Responding to the queries, Economic Affairs Secretary Anuradha Thakur and Chief Economic Adviser Anantha Nageswaran said that despite multiple challenges, India’s economy is moving on a strong trajectory. They added that India’s large market size would help it manage the pressures.
