India could withstand external shocks due to strong domestic demand and economic policies: Shaktikanta Das

India could withstand external shocks due to strong domestic demand and economic policies: Shaktikanta Das

Pune: India is poised to contribute about one-fifth of the world’s GDP growth on the back of robust domestic demand and prudent macroeconomic and financial sector policies, which enabled it to withstand “external shocks”, Shaktikanta Das, the Principal Secretary-2 to PM Narendra Modi, said. Addressing an event here on Saturday, he emphasised that India’s underlying … Read more

Reforms, macro policies make India’s economy resilient: Shaktikanta Das

Reforms, macro policies make India’s economy resilient: Shaktikanta Das

Structural reforms, along with prudent macroeconomic and financial sector policies, have imparted resilience and vibrancy to the Indian economy, allowing it to withstand external shocks, said Shaktikanta Das, principal secretary-2 to the prime minister and former governor of the Reserve Bank of India. He pointed out that amid uncertainty in the global trade landscape, India … Read more