India sees global economic developments complicating its outlook

NEW DELHI (Reuters) – Global economic developments are expected to complicate India’s outlook further, the finance ministry said in a monthly review on Friday, adding that the country needs to stay the course on fiscal consolidation.

India needs to focus on medium-term challenges, such as securing technology and resources for energy transition and skilling its youth, while maintaining commitment to macroeconomic stability, the ministry added in a monthly review for November.

(Reporting by Shivam Patel in New Delhi; Editing by Toby Chopra)

tagreuters.com2022binary_LYNXMPEIBM0ES-VIEWIMAGE

Close Bitnami banner
Bitnami