Triumphant Surge: Indian Economy Thrives with Unwavering Financial Stability, Declares RBI Governor Shaktikanta Das
RBI Governor Confirms India’s Economic Growth on Track
Reserve Bank of India (RBI) Governor Shaktikanta Das assured that India’s economic growth is progressing as projected. Speaking at the inaugural session of the Annual FIBAC 2024 Conference, organized in Mumbai by the Federation of Indian Chambers of Commerce and Industry and the Indian Banks’ Association, Das affirmed the central bank’s GDP growth projection of 7.2 percent for FY25 as achievable and realistic.
Governor Das underscored the robustness of data supporting the growth trajectory, citing that the economic fundamentals are strengthening. He highlighted India’s continued advancement marked by macroeconomic and financial stability, alongside a well-balanced growth-inflation dynamic.
Emphasizing the importance of inclusive growth, Das expressed that a developed India must ensure every citizen has adequate access to financial services and financial literacy, irrespective of their socio-economic background. This, he noted, is crucial for sustaining long-term growth and stability.
Original Story https://www.newsonair.gov.in/indian-economy-advances-with-financial-stability-rbi-governor-shaktikanta-das/
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