India within striking distance of 8% GDP growth, resilience not accidental: Shaktikanta Das

India's GDP growth is reportedly nearing an 8% target, a goal set by the government to achieve a prosperous India by 2047. This achievement is attributed to the country's resilience, according to Reserve Bank of India Governor Shaktikanta Das. The country's economic growth is driven by innovative reforms, increased domestic capabilities in key sectors like energy and manufacturing, and measures to strengthen long-term finance and global supply chains. This growth has significant implications for the Indian economy and its potential to become a major player in the global market.

Why it matters

India's central bank governor Shaktikanta Das is confident about the country's economic resilience. The government has set an ambitious target of 8% GDP growth by 2047 through innovative reforms.

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