New Delhi, Jan. 29 -- Chief Economic Adviser V Anantha Nageswaran on Thursday said India has emerged as an oasis of macroeconomic stability in a turbulent global environment, marked by slowing growth, elevated debt levels and persistent uncertainty across major economies.
Addressing the press conference with presenting the economic survey here, the CEA said the Indian economy is currently achieving a high rate of growth while keeping inflation at moderate and manageable levels, a combination that has become increasingly rare globally.
He noted that this balance reflects the strength of India's macroeconomic framework, supported by prudent fiscal policy, effective monetary coordination and resilient domestic demand.
Highlighting the outlo...