Michael Patra, former RBI deputy governor, stated that India's economic growth is primarily fueled by domestic resources, making it less reliant on foreign capital. He highlighted that this self-sufficiency is a significant advantage, as the country generates its own resources for growth. Consequently, India's current account deficit remains at a manageable 1% of GDP.from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/TMbgatP
https://ift.tt/7T4BV39
