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Statsguru: Six charts show Indian economy's structural constraints

The RBI report stated that India would need to boost exports further and carry out import substitution

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Illustration: Ajay Mohanty

Ishaan Gera
The Reserve Bank of India (RBI) last week announced a 40 basis points increase in the policy repo rate. The rate revision came after two years when the central bank had reduced the rate by a similar quantum. 

The rate increase came at a time when the economy was showing signs of revival. The RBI will now have to balance inflation and growth, esp­e­cially as the pandemic has exposed structural weaknesses in the Indian economy. 

While the corporate sector performed better, which is evident from the stock market performance, a recent RBI analysis in its Report on Currency and Finance showed that