The Indian economy is on a strong wicket and has been the fastest growing economy for the last 3 years, Union Finance Minister Arun Jaitley has said.

Jaitley was addressing journalists at the National Media Centre.

"Our attempt is to maintain a high growth rate. In the opinion of the government, the fundamentals of the national economy continue to be strong", he said.

In a presentation made at the briefing, Economic Affairs Secretary S C Garg said inflation has consistently come down since 2014 and will not cross 4 per cent this fiscal.   Detailing macro-economic fundamentals, he said that current account deficit will be less than 2 per cent this year and foreign exchange reserves have crossed USD 400 billion.