Indian economy on revival despite unsettling global developments, RBI paper says

The manufacturing and services remain in expansion with optimism on demand parameters and uptick in consumer and business confidence, RBI said in a note prepared by its economic and policy research team. “The renewed emphasis on public investment through infrastructure development is expected to crowd-in private investment and strengthen job creation and demand in 2022-23,” RBI said in the note on the state of the economy.

via Economictimes