Last three years were challenging for the Indian economy. The COVID-19 pandemic, the Russian invasion of Ukraine and the American central bank’s tight monetary policy impacted the global economy and India, too, was impacted.
The India growth story is widely recognised and appreciated now than ever before. Since 1992, India has been the second fastest growing large economy in the world, behind China. Now, China is slowing down, and India has emerged as the fastest growing large economy.