Sanjeev Sanyal Answers If Inflation Has Peaked In India, Makes Crucial Observation On Economy

Описание: Sanjeev Sanyal, Member, Prime Minister's Economic Advisory Council (PM-EAC) interview with Business Today Television.
“We have a good robust car, with a good engine and a good driver, but I cannot predict the situation of the road”, Sanyal said, adding that domestically driven inflation has peaked in India.

"Our supply side is in perhaps the best shape of any major economy in the world. Even under very difficult circumstances, we are at around 7 per cent GDP growth. Going forward, even if we get the clear road that we got between 2003 and 2006, when the international situation was conducive, then India’s economy can grow at 9 per cent," Sanyal, former Principal Economic Advisor, Ministry of Finance said.

"Domestically driven inflation and core inflation have peaked in India. But, are we as a country immune to the rest of the world? We have comfortable food stocks at home, but cannot ignore geo-political concerns. Disruptions in production or blackouts will have an impact on India. Let me say, India has been part of the solution and consistently supplying the world, " Sanyal added.

#SanjeevSanyal #PMEAC #Inflation #GDPGrowth


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