RBI Deputy Governor Highlights India's Sustained Growth and Macroeconomic Stability

Reserve Bank of India Deputy Governor Poonam Gupta highlighted India's sustained economic growth and enhanced macroeconomic stability over the past four decades. Key indicators such as inflation, current account deficit, and fiscal health have improved, with inflation moderating under the flexible inflation targeting regime. The economy's resilience to internal and external shocks, diversified demand, and policy consistency support a positive growth trajectory, with GDP growth accelerating to 7.7% in recent years and per capita income rising significantly.