Chief economic advisor KV Subramanian has said the country’s macroeconomic fundamentals are strong and the tapering of monetary stimulus by the US Federal Reserve should not be a concern.“When macro fundamentals of a country are not very inspiring, that’s when the impact (of tapering) is felt much more. Fact that economic fundamentals – current account deficit, inflation, forex reserves and all other metrics – are very strong and I absolutely do not see it as that much of a concern,” Subramanian told media persons on Tuesday. He said fundamentals were strong because of the several reform measures undertaken by the government. “We have to understand that international investors look at macroeconomic fundamentals. Data in terms of macroeconomic fundamentals now vis-à-vis at the time of global financial crisis are strong,” Subramanian said, adding that the country is all set for robust growth on the back of structural reforms, government’s capex push and rapid vaccination. US Federal Reserve chairman Jerome Powell indicated at the recent Jackson Hole Policy Forum that it may start scaling back the Fed’s $120 billion-per-month bond buying programme, rolled out last year in response to the Covid-19 crisis, this year. “Whenever the tapering happens, India should be in a good position to face it,” said the CEA. The CEA said investment-led growth had been enabled through policy push through the several reform measures announced over the past year and a half and capex push.
A professional and modern illustration of job seekers searching for jobs on their laptops and smartphones. The scene includes a large job search portal on a screen displaying job listings, with people interacting with it. The background features a city skyline, symbolizing local job opportunities. The color scheme is bright and inviting, with a mix of blue and green tones to represent trust and growth. Looking for job openings near me ? You’re in the right place! Whether you’re searching for a full-time career, part-time work, or remote opportunities, this guide will help you find the best job openings in your area quickly and easily. Why Search for Local Job Openings? Finding a job near you offers several benefits, including: Shorter commute times Better work-life balance More networking opportunities in your local community Faster hiring process with local employers How to Find the Best Job Openings Near You Here are some proven strategies to land a job in your area: 1. Use Job Sear...
Comments
Post a Comment