Indian Economy's Momentum And The Path To Sustainable Growth

Reserve Bank Governor Shaktikanta Das highlighted the Indian economy's growth momentum during his address at FIBAC 2024. He emphasized stability across various economic sectors, resilient growth fundamentals, and the need for further reforms. Das also called for greater private sector investment and tailored financial services for women-led businesses and MSMEs.

Reserve Bank Governor Shaktikanta Das affirmed on Thursday that the fundamental drivers of the Indian economy are gaining momentum, placing the country on a sustainable growth trajectory.

In his inaugural address at FIBAC 2024, Das elaborated on the profound changes affecting various economic sectors and markets, suggesting the nation is poised for significant advancements.

He emphasized the robust and dynamic factors underpinning India's journey towards becoming an advanced economy, citing the resilience and diversity of the economy, a strong democracy, and a tradition of innovation and entrepreneurship. He urged the private sector to increase investments substantially.

(With inputs from agencies.)