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INDIAN ECONOMY ON A STRONG WICKET IN FACE OF GEOPOLITICAL CHALLENGES: ECONOMIC SURVEY
The Business Guardian
|July 23, 2024
The Indian economy is on a strong wicket and stable footing, demonstrating resilience in the face of geopolitical challenges, as per the Economic Survey 2023-24 tabled by Finance Minister Nirmala Sitharaman in Parliament on Monday.
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The Indian economy has consolidated its post-Covid recovery with policymakers - fiscal and monetary - ensuring economic and financial stability, the 476-page Economic Survey document said in its initial remarks. It asserted that the economy continues to expand.
However, indicating global volatility, the Survey document asserted that change is the only constant for a country with high growth aspirations.
“For the recovery to be sustained, there has to be heavy lifting on the domestic front because the environment has become extraordinarily difficult to reach agreements on key global issues such as trade, investment and climate,” the Survey read.
This story is from the July 23, 2024 edition of The Business Guardian.
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