Infrastructure investment of Rs 100 lakh crore will be needed for achieving USD 5 trillion GDP, said Union minister Anurag Thakur.
The government, she said, will speed up spending in infrastructure related projects to boost consumption in the economy.
New money may be dissuaded by low initial yields plus the risk that the rupee could fall more.
Sensex fell 2.06 per cent closing at 36562.91 down 769.88 points while the Nifty 50 closed 2.04 per cent or 225.35 points down at 10797.90.
The announcement on Friday of 5 per cent GDP growth in the June quarter showed the economy growing at its weakest pace in six years.
India's real GDP growth slumped in Q1 of FY2019/20 (April-March) to 5 pc year-on-year, from 5.8 pc in Q4 (January-March) FY2018/19.
I am meeting industries and taking their inputs, suggestions on what they would want and expect from govt, said FM Nirmala Sitharaman.
Former PM Manmohan Singh said the last quarter GDP growth rate of 5 per cent signals that 'we are in midst of a prolonged slowdown'.
Manufacturing output and subdued farm sector activity pulled down India's GDP growth to 5 pc in April-June quarter.
The government has set a fiscal deficit target of 3.4 per cnet for 2019-20, same as 2018-19.