India’s financial system is resilient due to sturdy home demand, which allows it to soak up shocks from world headwinds, Finance Minister Nirmala Sitharaman mentioned.
The financial system is dealing with unprecedented world uncertainty, however “our capability to soak up shocks is powerful,” Sitharaman mentioned Friday on the Kautilya Financial Conclave in New Delhi. “India’s progress is firmly anchored in its home components, which minimizes the impression of exterior shocks on total progress,” she mentioned.
