India's Economy Shows Resilience Amid Global Challenges, More Reforms Needed to Sustain Growth
-
Finance Minister credits Indians' resilience for strong economic growth despite challenges like COVID-19 and global issues.
-
Government has kept inflation largely under control compared to previous government, using supply-side measures.
-
Job market is seeing a major reset with skilled workforce upskilling and informal sector getting formalized.
-
Next generation reforms will require participation of local governments, not just central government.
-
Private investment picking up in sunrise sectors like semiconductors, renewable energy, but need to also track these, not just traditional big industries.