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Das Urges Reforms and Domestic Capacity Amid Global Uncertainty
Shaktikanta Das said the world is facing uncertainty and shocks.
He said India should keep making changes to strengthen its economy.
He wants India to build more of its own capacity in areas where it depends on imports.
Energy and fertiliser were among the examples he mentioned.
He also said India should carefully manage its finances and economy.
Das said India is close to achieving 8% growth.
He described the goal of Viksit Bharat 2047 as within reach.
He shared these views at an economic conference in India.
Shaktikanta Das said India should continue structural reforms amid global shocks and uncertainty.
He emphasized building domestic capacity in areas where India relies heavily on imports, including energy and fertiliser.
Das said fiscal, monetary, macroeconomic and macrofinancial stability remain important priorities.
He described India as being within striking distance of 8% growth and said the goal of Viksit Bharat 2047 was within reach.
Das spoke on the second day of the three-day Kautilya Economic Conclave, organised by the Ministry of Finance and the Institute of Economic Growth.
- Who
- Shaktikanta Das, Principal Secretary-2 to the Prime Minister.
- What
- He called for continued structural reforms, stronger domestic capacity and continued economic and financial stability.
- Where
- At the Kautilya Economic Conclave; the article does not specify the venue.
- When
- Sunday, on the second day of a three-day conference; no calendar date was stated.
- Why
- Das said sustained global shocks and uncertainty make reforms, domestic capacity and stability important.
Key facts
- Speaker
- Shaktikanta Das, Principal Secretary-2 to the Prime Minister
- Event
- Kautilya Economic Conclave
- Event duration
- Three days
- Das's session
- Second day
- Growth figure cited
- India is within striking distance of 8% growth, according to Das
- Import-dependent areas mentioned
- Energy and fertiliser
- Organisers
- Ministry of Finance and Institute of Economic Growth
Quotes
Shaktikanta Das
Principal Secretary-2 to the Prime Minister
“a leap to Viksit Bharat 2047 is in the realm of realisation”
indianexpress.com
Sources
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