<p>Finance Minister Nirmala Sitharaman on Saturday said the government is working on more measures to revive the sagging economy.</p>.<p>The GDP growth slowed down to more than six-year low of 4.5 per cent in the second quarter of the current fiscal from 5 per cent recorded in the first quarter.</p>.<p>The government has taken several measures during August and September to boost the economy, she said at the HT Leadership Summit here.</p>.<p>Besides, she said, the public sector banks have disbursed nearly Rs 5 lakh crore in the last two months to boost consumption in the hinterland.</p>.<p>"So there are ways in which for giving stimulus for consumption. We are adopting a direct method and also the method through which we are spending on infrastructure, whose spillover can go to core industries labour and so on," she said.</p>.<p>Asked if there could be more measures announced to bolster economic activity, she said, the government is working on more.</p>.<p>On the Goods and Services Tax (GST) the Finance Minister said, the rate structure will have to be decided by the GST Council.</p>.<p>Eventually, the rates have to be rationalised, she added. </p>
<p>Finance Minister Nirmala Sitharaman on Saturday said the government is working on more measures to revive the sagging economy.</p>.<p>The GDP growth slowed down to more than six-year low of 4.5 per cent in the second quarter of the current fiscal from 5 per cent recorded in the first quarter.</p>.<p>The government has taken several measures during August and September to boost the economy, she said at the HT Leadership Summit here.</p>.<p>Besides, she said, the public sector banks have disbursed nearly Rs 5 lakh crore in the last two months to boost consumption in the hinterland.</p>.<p>"So there are ways in which for giving stimulus for consumption. We are adopting a direct method and also the method through which we are spending on infrastructure, whose spillover can go to core industries labour and so on," she said.</p>.<p>Asked if there could be more measures announced to bolster economic activity, she said, the government is working on more.</p>.<p>On the Goods and Services Tax (GST) the Finance Minister said, the rate structure will have to be decided by the GST Council.</p>.<p>Eventually, the rates have to be rationalised, she added. </p>