There Is Need For Liquidity In Market, Says Nitin Gadkari

The Union Minister said without liquidity, the wheel of economy cannot be accelerated

There Is Need For Liquidity In Market, Says Nitin Gadkari

Union Minister Nitin Gadkari

Union Minister Nitin Gadkari on Tuesday said that without increasing the liquidity in the market the wheel of economy cannot be accelerated. While addressing, MSME and Infrastructure-Paving the growth path in the Post-COVID World event, the Union Minister said, "I accept that there are problems - related with banks, with demand and supply, with liquidity. The most important problem in the present economic situation is liquidity. We need to increase liquidity in the market. Without that, we can't accelerate the wheel of our economy."

"At the same time, we are facing an economic war. Not only India but the whole world is facing this problem. I feel that the way in which the whole world now has a lot of reaction about China..the whole world is now interested to find out some new option," he added.

"The village industry turnover is Rs 88,000 crores till March-end. We target to make it Rs 5 lakh crores within two years. Our highest priority is to create employment potential in agricultural, rural and tribal areas," he said.

"I feel that India is definitely going to be a very good, viable option for all the investors in the world," Mr Gadkari further said.