
Middle class expanded, economy grew: Finance Minister
Nirmala Sitharaman, India's Union Finance Minister, refuted claims that the Indian economy is dead, stating it achieved high growth and low inflation through government efforts. She addressed criticism from Rahul Gandhi, who had previously made such statements, emphasizing that the country's economic progress is a result of collective effort by its people. Sitharaman also highlighted the expansion of the middle class in recent years, citing increased tax collection and formalization as evidence of their growing participation in the economy.
12 FEB 2026
· THIS STORY — The Hindu
India's Finance Minister, Nirmala Sitharaman, refuted claims of a stagnant economy, citing government efforts and the expansion of the middle class as evidence of economic growth.
— The Hindu
Rahul Gandhi pledged continued support for farmers despite potential legal action from the Indian government.
— Economic Times
The finance minister defended the 2026-27 budget, citing strong macroeconomic stability and growth projections.
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