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India sees global economic developments complicating its outlook

NEW DELHI: Global economic developments are expected to complicate India’s outlook further, the finance ministry said in a monthly review on Friday, adding that the country needs to stay the course on fiscal consolidation.
India needs to focus on medium-term challenges, such as securing technology and resources for energy transition and skilling its youth, while maintaining commitment to macroeconomic stability, the ministry added in a monthly review for November.

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