India is well-positioned to tackle global challenges, said Shaktikanta Das, the Governor of the Reserve Bank of India, speaking at the World Economic Forum in Davos. While acknowledging concerns about the slowdown in global growth and ongoing geopolitical tensions, Das expressed confidence in India's ability to navigate these challenges.

Geopolitical flashpoints persist, and supply chain disruptions are yet to fully normalize, Das noted. Despite successful control of inflation, he highlighted that some countries are still working towards meeting their targets, facing difficulties in the final stretch.

Das emphasized India's resilience, stating that the country has emerged stronger from recent crises. He underscored the importance of maintaining an actively disinflationary monetary policy, even in light of a recent decline in core inflation. In an interview with Reuters, he stated that the government remains committed to fiscal consolidation and anticipates continued focus on structural reforms.

Highlighting the robustness of the Indian economy, Das reassured that stability prevails on both the macro-economic and financial sector fronts. Throughout the World Economic Forum, the governor actively participated in various speaking engagements, reinforcing India's positive economic outlook in the face of global challenges.

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