New Delhi Aug 31 (IANS) With the Indian economy registering a GDP growth of 8.2 per cent in the first quarter of the current fiscal Union Finance Minister Arun Jaitley on Friday said that it represented the potential of a New India in an environment of global turmoil.
"India s GDP for the first quarter this year growing at 8.2 per cent in an otherwise environment of global turmoil represents the potential of New India " Jaitley said in a tweet.
"Reforms and fiscal prudence are serving us well. India is witnessing an expansion of the neo middle class " he added.
As per the data released by the Central Statistics Office (CSO) the GDP at 2011-12 prices in the first quarter of 2018-19 registered a growth of 8.2 per cent up from 7.7 per cent in Q4 of 2017-18 and 5.6 per cent from year-ago corresponding quarter.

--IANS vv/tsb/vm