The auto sector went through one of the longest sales slumps leading to nearly 3.5 lakh job losses.
The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 per cent.
India jumped 14 places to the 63rd position in the World Bank's ease of doing business ranking released in October.
Eastern and northeastern regions of the country have played a key role with the highest share of loan portfolio at 35 per cent.
Taxmen were told that both the GST and Rs 13.35 lakh crore target for direct taxes for 2019-20 will have to be achieved.
Collections under the GST, which was introduced in July 2017, has remained mostly below the target.
FM Nirmala Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on February 1.
Beijing has agreed to import at least USD 200 billion in additional US goods and services over the next two years.
Moody's expects economic growth to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent respectively.
Asian Development Bank said growth should pick up to 6.5 per cent in the next fiscal year with supportive policies.