Poonam Gupta
Poonam Gupta
The current inflation-targeting regime should be suitably updated, but it should remain the framework for India's monetary policy for the foreseeable future
A growth trajectory of 6.5 to 7.5 %, centred around 7 %, is reasonable in the coming years, barring the eventuality of simultaneous external shocks
It must adopt a holistic approach consisting of fiscal, administrative, and regulatory measures, combined with public messaging and mindset changes
The available data does not obviate the significance of the recent performance and resilience of the Indian economy, including in the context of the concomitant global trends
Overhauls to multilateral development banks could be a lasting legacy of India's G20 presidency
Debt is projected to increase by the largest amount in the same states that are currently the most heavily indebted
Restoring their credibility is crucial in order to make the world a fairer and flatter place
The upshot of the above figures is that despite being faced with a highly challenging external environment this year, overall, the India economy will emerge from it relatively unscathed