‘Strong domestic demand, policies shield India from external shocks’

‘India's underlying priority in FTA talks with US & other nations is to secure fair & balanced agreements in best interest of the Indian people’

- OUR CORRESPONDENT

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 priority in free trade agreement negotiations with the US and other countries is to secure fair and balanced agreements in the best interest of the Indian people.

"India continues to demonstrate remarkable dynamism and resilience amid an uncertain global environment", Das added.

Das delivered the 85th Kale memorial lecture on "Indian Economy in a changing global order" during the convocation at Pune-based Gokhale Institute of Politics and Economics.