The Indian economy has shown steady improvement in its macroeconomic performance during the last four years.
Despite huge disruptions in both the demand and supply sides due to the COVID pandemic and the Russia-Ukraine conflict, India has improved the economic performance of the world’s top 10 economies. This has been said in a report. According to data released by the PHD Chamber of Commerce and Industry, India has consistently improved its position in the last four years among the top 10 countries in the International Economic Resilience (IER) rankings.
According to the report, PHD Chamber of Commerce and Industry (PHDCCI) President Pradip Multani said that India, through its effective dynamic policy environment, is the only economy among the top ten major economies, which has shown its macroeconomic performance during the last four years. has shown consistent improvement.
The rank analysis of International Economic Resilience (IER) based on 5 key macroeconomic indicators for each of the years 2019, 2020, 2021 and 2022 shows that India’s macroeconomic endurance has consistently improved over the last four years. . Industry body PHD Chamber of Commerce and Industry says that the world’s major economies and India are projected to improve IER rank 2 for the year 2022. PLC/GT
