Domestic consumption provides natural cushion to the Indian economy against the global slowdown as bulk of the country’s GDP depends on local demand, said World Bank President Ajay Banga here on Wednesday.Talking to reporters after meeting Union Finance Minister Nirmala Sitharaman, Banga said he discussed issues related to G20 and cooperation between the World Bank and India.
Domestic consumption provides natural cushion to India against global slowdown: World Bank chief Ajay Banga
Domestic consumption provides natural cushion to the Indian economy against the global slowdown as bulk of the country’s GDP depends on local demand, said World Bank President Ajay Banga here on Wednesday.Talking to reporters after meeting Union Finance Minister Nirmala Sitharaman, Banga said he discussed issues related to G20 and cooperation between the World Bank and India.