Indian economy’s resilience ‘not by chance’: RBI Governor
Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
Sanjay Malhotra credits strong institutions, policy frameworks, and steady reforms for India’s growth outpacing global peers
Key Facts
Type Policy
Source BusinessLine - Economy
Published Tuesday, 21 April 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right