Do not panic... trust in Indian economy’s strength: Jaitley
Attributing the recent crash in the stock market to global factors, Finance Minister Arun Jaitley on Friday said that there was no need for “exaggerated panic” and investors should keep the economy’s inherent strength in mind while investing.
The Finance Minister said that the Government will continue to pursue policies to support growth amid global slowdown.
“... it would be a part of prudent investment reaction that the inherent strengthen of Indian economy is kept in mind by investors rather than react disproportionately to what the global developments are,” Jaitley said. The minister said that a major sell-off in global markets created a chain reaction impacting the markets world over including in India.