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<h1>India's Finance Minister Discusses Economic Growth, Challenges, and Optimism at Carnegie Endowment for International Peace Address.</h1> The Union Finance Minister addressed the Carnegie Endowment for International Peace, discussing India's economic growth and challenges. He highlighted India's past growth rates, the impact of global economic downturns, and the current slowdown. Key growth fundamentals include young demographics, international economic integration, a capable financial system, competitive firms, a skilled workforce, and democracy. Despite recent economic challenges, the Minister expressed optimism about India's recovery and future growth potential. He emphasized the need for public policy to strengthen state capacity and deliver public goods efficiently, highlighting recent reforms in India's financial system as steps toward this goal.