India in sustained high-growth phase, global shocks in past also couldn't derail domestic economy: Shamika Ravi
New Delhi, June 4 -- India's economy continues to remain in a phase of sustained high growth and has demonstrated resilience against major global shocks over the past decade, according to Shamika Ravi, Member of the Economic Advisory Council to the Prime Minister (EAC-PM).
In an exclusive interview with ANI, Ravi said India's growth model, driven largely by domestic demand and consumption, has helped shield the economy from the full impact of global disruptions.
"Indian economy is in a phase of sustained high growth," Ravi said.
She noted that unlike export-led economies such as South Korea, Vietnam, Taiwan and China, India's economic growth is primarily supported by domestic demand.
"We are fundamentally a domestic demand-driven econ...
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