India Would Have Grown at 8% Without External Shocks: RBI Deputy Governor

Reserve Bank of India (RBI) Deputy Governor Poonam Gupta stated that India would already have been an 8% growth economy had it not been grappling with an exceptionally difficult global environment.

Gupta noted that domestic structural improvements in digital infrastructure, public services, manufacturing, and governance have significantly strengthened the underlying growth momentum of the economy despite international headwinds.