India, Feb. 10 -- India enters the road to Viksit Bharat @ 2047 with a rare asset in a volatile world: macroeconomic stability. In an era marked by repeated global shocks-pandemics, wars, financial tightening and climate stress-India has preserved growth, contained inflation and maintained fiscal discipline. That achievement is neither accidental nor trivial. It is the product of coordinated fiscal and monetary policy with institutional resilience.
The real question now is not whether India's macro framework works-but how it can be repurposed from crisis management to long-term strategy. The discussions among economists and former policymakers make one thing clear: India appears to have moved into a phase where macroeconomic stability ha...
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