Indian economy in good shape on high GDP growth, foreign exchange reserve: Bimal Jalan

Indian economy in good shape on high GDP growth, foreign exchange reserve: Bimal Jalan

The Indian economy is in good shape as the country’s GDP growth rate and foreign exchange reserve are high, former RBI Governor Bimal Jalan said on Thursday. Notwithstanding economic uncertainties triggered by the Russia-Ukraine war that is also impacting the global supply chain, Jalan said it is not going to affect India’s economic performance. “India’s … Read more

India’s high priority for now should be to grow at 7-8 pc: Former RBI guv Jalan

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New Delhi: Describing the Budget 2021-22 as “extremely good”, former RBI governor Bimal Jalan on Tuesday said that India’s high priority for now should be to grow at 7-8 per cent, and then give a “great preference” for employment rather than only investment. In an interview, Jalan further said it does not seem that India … Read more