Finance Minister Arun Jaitley in his Budget 2018-19 speech exuded confidence that the economy in on the path of over 8 per cent growth rate. The finance minister said that 6.3 per cent growth clocked in the second quarter signalled the turnaround in economy. The growth in the second half of this fiscal (October-March) is expected to accelerate to between 7.2 per cent and 7.5 per cent, he added. The finance minister also said that manufacturing is back on the growth path and recapitalised state banks will also be able to support growth.
