India's macro-fundamentals have strengthened despite severe external shocks since 2020, according to Reserve Bank Monetary Policy Committee member Ashima Goyal. The country's economic diversity, adequate buffers, and feasible reforms have enabled countercyclical policies. With more firms and consumers internalizing the inflation target, the economy is likely to approach the Reserve Bank of India's (RBI) inflation target of 4% this year. Read The Rest at :
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