India a “sweet spot” in the global economy: Arun Jaitley

Zee Media Bureau

Raipur: Elated over the encouraging signals from the domestic economy, Finance Minister Arun Jaitley called India a “sweet spot” in the global economy. He also added that the growth outlook this year looks much better with indications of good rains.

"This time, it looks like rains are going to be good and India can grow very well. There are signs (for that)," he said while addressing a conference here.

Jaitley said India is a "sweet spot" in the global economy and "growth outlook looks much better with indications of good rains this year".

On the impact of Britain exiting the European Union, the finance minister said, "We were the least impacted. People feared that currency and stock markets will crash, but we saw the impact for just one day."

(With PTI inputs)