Indian economy poised for recovery, but high oil prices worrisome: CEA

Indian economy poised for recovery, but high oil prices worrisome: CEA

• By Staff Writer

Chief Economic Advisor Anantha Nageswaran said the Indian economy is poised for growth but high crude oil prices are a cause for concern. He added that the country's banking sector is stable and credit offtake is also poised to take off. "We're not unique to the phenomenon of uncertain growth and high inflation due to the pandemic," he added.