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  Business   Economy  08 May 2017  Arun Jaitley says liberalisation will prevail over protectionism

Arun Jaitley says liberalisation will prevail over protectionism

REUTERS
Published : May 8, 2017, 1:22 pm IST
Updated : May 8, 2017, 1:22 pm IST

Finance Minister expects India to achieve an economic growth of 7 per cent or above.

Union Finance Minister Arun Jaitley. (Photo: PTI)
 Union Finance Minister Arun Jaitley. (Photo: PTI)

Finance Minister Arun Jaitley on Monday played down fears held among some market participants that protectionism will spread globally and weigh on economies, including that of India.

"Hopefully, I think the debate (on protectionism) will settle down and the need for greater liberalisation will prevail," he said at a seminar in Tokyo.

Jaitley also said he expects India to achieve economic growth of 7 percent or above despite any possible negative impact on private consumption from the demonetisation of high-value currency.

Tags: arun jaitley, h1-b visa, liberalisation, protectionism, donald trump, visa restrictions, trade & commerce, immigration
Location: India, Delhi, New Delhi