India a Model of Economic Stability, Says Former RBI Governor
Mumbai, March 1, 2026 – India is demonstrating economic resilience amidst global volatility, according to Shaktikanta Das, former RBI Governor. Speaking at the Business Today Banking and Economy Summit, Das highlighted India’s stability compared to other major economies grappling with debt and inflation.
Key takeaways:
- India influences global economic direction.
- Fiscal prudence and stability are hallmarks of India’s approach.
- Post-pandemic, India contributes approximately one-sixth of global real GDP growth.
- Calibrated fiscal measures prevented financial system vulnerabilities.
Das also noted geopolitical shifts and the IMF’s concern over global growth risks.
