homeeconomy NewsExclusive: India should be able to achieve double digit growth this year, says Krishnamurthy Subramanian
Exclusive: India should be able to achieve double-digit growth this year, says Krishnamurthy Subramanian
On inflation, Krishnamurthy Subramanian said that it is less of a threat in India because we have worked on supply-side issues.
India should be able to achieve double-digit growth this year, said Krishnamurthy Subramanian, Chief Economic Advisor in an exclusive interaction with CNBC-TV18.
"I don't see any worries on current account deficit and trade deficit numbers. Also, recovery is gaining momentum. The same can be seen in the latest PMI," he said.
On inflation, he said that it is less of a threat in India because we have worked on supply-side issues.
"Liquidity has to be calibrated and watched. We should not overweight global scenario on inflation w.r.t India. The impact of exogenous factors on India's inflation is very small," Subramanian said while speaking to CNBC-TV18.
On COVID-19 vaccination, he said that the drive will continue to be an important element in providing immunity.
Speaking about farmers, he said that measures to alleviate conditions for small farmers can be thought about.
On GST, he mentioned that number of rate slabs required should be reviewed.
(Edited by : Anshul)
First Published: Dec 1, 2021 1:20 PM IST
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