'India Kept High Growth Amid Global Uncertainty': PM's Principal Secretary
India's Principal Secretary to the Prime Minister, P.K. Mishra, stated that India has maintained strong economic growth despite global uncertainty by focusing on macroeconomic fundamentals and supply chain diversification. He emphasized the need for resilience and strategic trade relationships in an increasingly volatile global market.
Why it matters
This reflects India's current economic strategy of balancing global integration with domestic resilience to mitigate risks from geopolitical tensions and supply chain disruptions.
India has maintained a high level of growth amid global uncertainty due to sound macroeconomic fundamentals, and investing in resilience is economically rational, P.K. Mishra, Principal Secretary to the Prime Minister, said here on Saturday.Speaking to the media on the sidelines of the '5th Kautilya Economic Conclave ', Mishra said, "I think the subject of the conference is totally different. I was speaking about resilience, and that it also costs"."It has a cost, but how much does it cost? And in the current context, where the uncertainty is because of the global development, how is India able to cope with all this, and how has it successfully faced the pandemic and other crises?
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