North India Statesman
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News India Live, Digital Desk: At a time when many big countries of the world are struggling with economic lethargy, India’s economy has emerged like a glowing star. Now other countries of the world are also applying on this matter. Israeli Finance Minister Bezalil Smotrich, who visited India, has praised the Indian economy and has given a befitting reply to the voices that were calling it weak.
‘You can’t turn your face with results’
During an interview, when Bezalil Smotrich was asked about the Indian economy, he described it as “luxurious”. He praised the economic reforms under the leadership of Prime Minister Narendra Modi and said, “When the results are in front, you cannot argue with them.”
Referring to India’s growth rate of 6%, he said that this is just the beginning. Smotrich predicted that India’s growth rate will be even faster in the coming time. He expressed confidence that India is on the right path, his statement has come at a time when big institutions of the world like IMF and Morgan Stanley are also estimating to be India’s growth rate of 6.4% to 6.7%.
They also got the answer, which used to say ‘Economy is over’
The Israeli Finance Minister also rejected the international comments from this statement in which the Indian economy was called “Dead Economy” i.e. ‘Ended Economy’. This belief of Smotrich also matters because India’s GDP has recently recorded a tremendous growth of 7.8% in the April-June quarter.
India and Israel have signed a bilateral investment agreement on Monday, which aims to take trade and investment between the two countries to new heights. Smotrich’s visit and their positive comment on the Indian economy, the growing trust and strong relationship between the two countries, is a symbol of growing and strong relationships. This shows that the world is now seeing India not just as a big market, but as an economic superpower.
