India in no hurry to unwind stimulus but oil a worry, says Sitharaman

India is in no hurry to withdraw stimulus provided to support the economy as policymakers want to ensure that the country is on a durable growth path, Finance Minister Nirmala Sitharaman said.

However, rising crude oil prices are emerging as a huge challenge and the uncertainty could upend some of her plans to get the economy back on track, she said in an interview in New York Sunday.

“The challenge I will face, and the teams are also watching in the ministry, is the way the fuel prices are leading to a big crest,” Sitharaman said. “This uncertainty is a