Confident of 7.2% growth this year; India at threshold of major structural shift, says RBI Governor Shaktikanta Das

RBI Governor Shaktikanta Das, addressing the 188th AGM of Bombay Chamber of Commerce & Industry in Mumbai, highlighted that India stands on the verge of a significant transformation in its growth path. He discussed the RBI's projected growth rate of 7.2% but also raised concerns about factors such as weather conditions, geopolitical tensions, trade disruptions, and financial market volatility. Despite these challenges, the governor expressed confidence in India's ability to achieve the forecasted growth.