Shashanka Bhide, a member of the RBI’s monetary policy committee, highlighted India’s poised economic outlook, foreseeing robust growth driven by strong domestic demand and increased production capacity from recent investments. He emphasized the economy’s resilience amidst global challenges, including weather disruptions and supply chain issues. Bhide noted a projected GDP growth of 8.2% for 2023-24, with the RBI forecasting 7.2% for FY25. He underscored the positive impact of normal monsoon forecasts in curbing food inflation and stressed the need for sustained inflation control to support economic growth.