THE WORLD IS not yet done with the fight against inflation as supply-side constraints may continue, but India has learnt to manage it with reforms that are yielding positive results, chief economic advisor V Anantha Nageswaran said on Wednesday.
Because India has always been a supply-constrained economy for a very long time, the country's growth spurts have been more of sprints than marathons in the past compared to what China has been able to achieve since 1979, he said.
"In that sense, the emphasis on creating physical and digital infrastructure, capital investments, public spending and also getting the financial sector back on track will all hopefully give us a better supply endowment than we had before," Nageswaran said at a Delhi School of Economics event.
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