Crude price fears won't derail economy: PM-EAC's Neelkanth Mishra says India can grow over 8% amid West Asia tensions
New Delhi, June 7 -- India's economic growth continues to show resilience, and concerns that rising crude oil prices could significantly disrupt the country's growth trajectory are largely a matter of perception rather than reality, according to Neelkanth Mishra, India's newly appointed Executive Director at the World Bank and a member of the Prime Minister Narendra Modi's Economic Advisory Council.
Mishra, in an interview with ANI, discussed the outlook for the Indian economy amid ongoing tensions in West Asia. He maintained that India is in a stronger position than many other energy-importing nations to withstand elevated oil prices without suffering a major slowdown in economic growth.
Mishra is widely recognised for his contribution...
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