External Sector's Impact on India's Growth: Keynote by Dr. Michael D. Patra, RBI

#ExternalSectorGrowth #IndiaEconomicExpansion #GlobalFinanceIndia #ForeignInvestmentIndia #RBIKeynoteAddress
In a keynote address titled "The Role of the External Sector in Financing India's Growth Aspirations," Dr. Michael D. Patra, Deputy Governor of the Reserve Bank of India (RBI), discussed the pivotal role of external factors in propelling India's economic ambitions. Hosted by the Confederation of Indian Industry (CII) and moderated by its Director General, Mr. Chandrajit Banerjee, the session explored how external trade, foreign investment, and global financial markets can contribute to India's economic expansion. Dr. Patra emphasized the importance of balancing external vulnerabilities with growth opportunities, highlighting strategies to leverage foreign capital, boost exports, and maintain a stable exchange rate. He also addressed the challenges posed by global economic uncertainties and their potential impact on India's growth trajectory. The address underscored the need for robust policy frameworks to harness the benefits of globalization while safeguarding India's economic interests.
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