India will achieve 10% GDP growth by Q4 of fiscal: Goyal
New Delhi, June 18 : The government is hopeful of achieving double-digit gross domestic product (GDP) growth in the country by the fourth quarter of the ongoing financial year, Railway and Coal Minister Piyush Goyal said on Monday.
Responding to a query at the Growth Net conclave here on how India proposed to go much faster than the current 7 per cent growth rate, Goyal, who also has temporary charge of the Finance Ministry, said his optimism on the 10 per cent GDP growth was based on the revival of domestic demand and the dynamism of a society that has become "aspirational".
"I see double digit growth happening by the fourth quarter of this year. There is a demand optic in the country and this growth will be driven by a society that has become very aspirational," he said.
There is one caveat to this... when this country decides to do business honestly, we will have 10 per cent GDP growth," he added.
Noting that the NDA government was committed to being an enabler of growth, Goyal said its focus had been providing on providing political and macroeconomic stability.
"Our focus has been on not doing anything that threatens the social fabric of the country. How can we take the entire country along for growth and development... that has been our thrust in these four years," the Minister said.
"Fiscal deficit this year will be kept within the target limit of 3.3 per cent. We are monitoring to ensure that the deficit is at 3.3 per cent despite it being an election year."
Asked if rising global crude oil prices were threatening India's macroeconomic stability, Goyal said the government was monitoring the situation on a real time basis, including other international factors like the rise in interest rates in the US and Europe.
"The government is monitoring the situation on a real time basis. It will ensure the stability of the economy and that we achieve all targets, including the fiscal deficit of 3.3 per cent," he said.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
New Controversy : Santy Sharma’s Reaction to Khushi Mukherjee’s Video Sparks Conversation
After rapper and singer Santy Sharma's reaction to Khushi Mukherjee's provocative photo/video posts on social media, people on different platforms are now having a heated debate. The comments made by Santy were soon spread across social media and opened the door for conversations surrounding the type of content that is being posted by public figures on social media.
In his view, digital platforms provide a way to express themselves through creativity and art; however, he feels it is important for celebrities/influencers with a large number of followers to be mindful of how their content may be perceived by others. According to him, people who possess a large following online have a level of responsibility regarding the actions they display via their social media and should be cognizant of what type of example they are setting for the youth.
Lastly, creating art should inspire creativity as well as allow users to use their voices to support necessary change in society; therefore, creativity and expression through digital platforms should produce positive social change while still being aware of culture and society's expectations.
At the time of writing, Santy Sharma was discussing how online behaviour has contributed to increased rates of rapes, which stimulated much debate and debate online. Supporters have advocated for improved online etiquette, while others feel he was insensitive in his comments and contradicts the need for sensitivity on these sensitive issues. The controversy has gone beyond social media and increased debate regarding gender-based issues, the ethics of media influence, and the necessity to address serious crimes with appropriate awareness and sensitivity.
Meanwhile, Santy Sharma has also announced his upcoming single titled “I Don’t Care,” which is scheduled to release on 10 March 2026. The track will be available on his official YouTube channel and other major music streaming platforms, creating anticipation among fans who are eager to hear his latest musical release.
