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India faces low stagflationary risks: CEA Nageswaran
short by Ashley Paul / on Tuesday, 31 May, 2022
Chief Economic Advisor (CEA) V Anantha Nageswaran on Tuesday said India faces low stagflationary risks as compared with the rest of the world. After data showed GDP growth in January-March quarter (Q4) slowed down to 4.1%, he said there's considerable momentum in economic activity. RBI's confidence to raise rates is a sign that economic recovery is taking hold, he added.
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