India well placed to grow at moderately brisk rate: Finance Ministry

Tribune News Service

New Delhi, November 24

Maintaining that India is well placed for economic growth, the Finance Ministry is confident that the inflation rate will register a downward trend due to the easing of international commodity prices and new kharif arrivals while job opportunities will increase due to improvement in business prospects.

“In a world where monetary tightening has weakened growth prospects, India appears well placed to grow at a moderately brisk rate in the coming years on account of the priority it accorded (to) macroeconomic stability,” said the Finance Ministry’s ‘Monthly Economic Review for October.’

About The Author

Tribune News Service

The Tribune News Service brings you the latest news, analysis and insights from the region, India and around the world. Follow the Tribune News Service for a wide-ranging coverage of events as they unfold, with perspective and clarity.

#inflation