Jaitley confident economic impact of India-Pak tensions will be marginal

October 03, 2016 12:09

Finance Minister Arun Jaitley is confident that any economic impact arising from recent tensions with Pakistan and incidents like the surgical strikes undertaken by Indian special forces will be extremely marginal.

Every time we faced a challenge in terms of any geopolitical event, the impact of it on our markets hasnt been (felt) over a period of time, he said when asked about the implication of recent events for Indias long-term growth story.

Even recently, when the news came that India had made certain surgical strikes at the launchpads where the terrorists used to cross into Indian boundaries, there was obviously a certain amount of speculation as far as the markets were concerned. The impact was not what it would have been years ago, he said.

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