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RBI report shows India has a friend in growth, a frenemy in inflation

The RBI’s state of the economy report surmises that the Indian economy is experiencing a conducive macroeconomic configuration that can be its launching pad for a step-up in its growth trajectory

March 20, 2024 / 08:15 AM IST
RBI report shows India has a friend in growth, a frenemy in inflation

RBI's growth hopes spar with its inflation worry

Highlights

  • RBI report maintains its sanguine tone over India’s economic growth and prospects
  • RBI researchers expect GDP growth to be very near 8 percent for FY24
  • Investment growth is robust and private capex is showing signs of revival
  • RBI report recognizes benefits of core inflation fall but still wary on food inflation

The great Indian election will kick off exactly a month from now and people will queue to vote for the next government starting April 19. While political hyperbole surrounds several

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