Finance Ministry calls for new approaches to tackle global economic challenges
India's economy has demonstrated resilience amid ongoing global uncertainties, according to the Finance Ministry. The ministry emphasized that swift policy responses and effective implementation are essential to attract investment into the country. However, rising crude oil prices could strain both fiscal and current account balances. The external sector continues to hold steady, supported by robust export performance and strong remittance inflows. The ministry also flagged adverse weather conditions as a potential risk to agricultural output and rural demand.
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