<p>There are green shoots visible in various sectors of the economy and the country is already looking at a 'V-shaped' recovery, Minister of State for Finance and Corporate Affairs Anurag Thakur said on Saturday.</p>.<p>"India is already looking at 'V-shaped' recovery. Along with the green shoots in various sectors, in the month of February, FPI inflows were Rs 25,787 crore," Thakur said at a virtual conclave organised by the Institute of Actuaries of India.</p>.<p>After two consecutive quarters of contraction, the country's gross domestic product (GDP) entered into a positive territory with a growth of 0.4 per cent in the October-December quarter of the current fiscal, according to the data released by the National Statistical Office (NSO) in February.</p>.<p>Thakur said the country's foreign exchange reserves, which have been steadily increasing over the last few months, had touched all time high at $590 billion in January 2021.</p>.<p>He said the accretion to the forex reserves in the last eight month was $100 billion.</p>.<p>"These are signs of confidence that the global funds and investors look at India as a destination to invest and they are bullish about India's growth story," Thakur added.</p>
<p>There are green shoots visible in various sectors of the economy and the country is already looking at a 'V-shaped' recovery, Minister of State for Finance and Corporate Affairs Anurag Thakur said on Saturday.</p>.<p>"India is already looking at 'V-shaped' recovery. Along with the green shoots in various sectors, in the month of February, FPI inflows were Rs 25,787 crore," Thakur said at a virtual conclave organised by the Institute of Actuaries of India.</p>.<p>After two consecutive quarters of contraction, the country's gross domestic product (GDP) entered into a positive territory with a growth of 0.4 per cent in the October-December quarter of the current fiscal, according to the data released by the National Statistical Office (NSO) in February.</p>.<p>Thakur said the country's foreign exchange reserves, which have been steadily increasing over the last few months, had touched all time high at $590 billion in January 2021.</p>.<p>He said the accretion to the forex reserves in the last eight month was $100 billion.</p>.<p>"These are signs of confidence that the global funds and investors look at India as a destination to invest and they are bullish about India's growth story," Thakur added.</p>