The Indian Economy: Opportunities and Challenges (Keynote Address delivered by Michael Debabrata Patra, Deputy Governor, Reserve Bank of India - March 25, 2024 - at the Nomura’s 40th Central Bankers Seminar at Kyoto, Japan) https://www.taxtmi.com/news?id=27421 Macroeconomic stability-achieved through coordinated monetary and fiscal policies, moderated inflation, a sustainable current account deficit, large reserves and ongoing fiscal consolidation-combined with financial-sector resilience and technology-driven payment and inclusion infrastructure, forms the operational basis for India's growth. Realising the demographic dividend and higher productivity requires skill development, female labour participation, formalisation via manufacturing expansion and infrastructure scaling, while export promotion, rupee internationalisation and substantial investment for a green transition are identified as key policy challenges. en-us Fri, 29 Mar 2024 15:22:48 +0530 Fri, 29 Mar 2024 15:22:48 +0530 TaxTMI RSS Generator The Indian Economy: Opportunities and Challenges (Keynote Address delivered by Michael Debabrata Patra, Deputy Governor, Reserve Bank of India - March 25, 2024 - at the Nomura’s 40th Central Bankers Seminar at Kyoto, Japan) https://www.taxtmi.com/news?id=27421 Macroeconomic stability-achieved through coordinated monetary and fiscal policies, moderated inflation, a sustainable current account deficit, large reserves and ongoing fiscal consolidation-combined with financial-sector resilience and technology-driven payment and inclusion infrastructure, forms the operational basis for India's growth. Realising the demographic dividend and higher productivity requires skill development, female labour participation, formalisation via manufacturing expansion and infrastructure scaling, while export promotion, rupee internationalisation and substantial investment for a green transition are identified as key policy challenges. News - Fri, 29 Mar 2024 15:22:48 +0530 https://www.taxtmi.com/news?id=27421