Pune, Sept. 25 -- Union Finance Minister Nirmala Sitharaman has said that India's resilience stands out amidst an uncertain global environment and several favourable factors, including a young demography and domestic demand, provide core strength to the Indian economy to withstand global spillovers and grow at a higher aspirational trajectory.

Addressing the 91st Foundation Day celebrations of Bank of Maharashtra, she said India's resilience is not accidental and reflects proactive fiscal and monetary policies, structural reforms, improved governance and enhanced competitiveness over the last decade.

"Amidst this uncertain global environment, India's resilience stands out. Several favourable factors, such as strong macroeconomic fundame...