RBI Governor reiterates India’s reform commitment amid global protectionism, touting liberalization and strong economic growth.

RBI Governor Sanjay Malhotra reaffirmed India’s dedication to market reforms amidst global protectionism, emphasizing liberalization in crucial sectors and the near-complete FDI automatic route. He positioned India as a vibrant powerhouse, attributing the containment of inflation and recent rate reductions to monetary policy. India’s economy showcases robustness with impressive growth, aiming to achieve developed nation status by 2047.

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