We have long been in the camp and I particularly continue to believe this myself that we are going to have what we call a bumpy landing, not necessarily a hard landing, kind of a deep recession of the sort that the US usually has because there are a lot of things at play here that have been quite a bit different than a conventional cycle, not just the fiscal and the public debt, but also that obviously we are coming out of a pandemic, we are coming out of a wartime shock
Willing to pay extra to build resilience in our supply chains: Piyush Goyal
India is actively addressing supply chain vulnerabilities across all sectors, willing to invest more to build resilience. The government’s ‘Atmanirbhar Bharat’ initiative, coupled with infrastructure