Das Says India's Resilience Comes From Broad Reforms
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18:04
On the next phase of growth, Das said it will require strengthening of long-term finance and patient capital, Business Standard and The Hindu BusinessLine reported. He did not elaborate further on this point in the reports cited by the outlets.
Das also addressed the concept of Atmanirbharta, or self-reliance, as one of the areas he outlined for growth, according to the outlets. He said Atmanirbharta stands for building stronger domestic capabilities while remaining integrated with global markets and concluding more free trade agreements, Business Standard and The Hindu BusinessLine reported. Das framed this as part of the broader set of reforms he said have driven India's resilience, according to the reports.
Taken together, Das linked the 2047 target, the call for continued reforms and self-reliance, the need for long-term finance and patient capital, and the Atmanirbharta framework as components of India's path to becoming a developed economy, Business Standard and The Hindu BusinessLine reported. He reiterated that this resilience was not accidental but the result of reforms that reinforced one another, according to the outlets.
Reported in coverage, but we could not match these to a source document. They are not part of the story above.
- Shaktikanta Das said the Indian economy remains resilient and is better positioned to absorb global oil shocks.
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