Economy on the mend: RBI article

Mumbai: The Indian Economy is on the path of a  durable recovery on the  back of conducive monetary and credit conditions, the global headwinds notwithstanding,  said a Reserve Bank of  India (RBI) article on the  state of the economy.

Domestically, there  have been several positives on the Covid-19  front, in terms of reduced infections and  faster vaccinations, the  article published in the  RBI Bulletin November  2021 added.

The Indian economy,  the article said, is clearly differentiating itself  from the global situation, which is marred by  supply disruptions, stubborn inflation and surges of infections in various parts of the world.

Notwithstanding the  global headwinds, the  article said mobility is  rapidly improving and  overall economic activity is on the cusp of a  strengthening revival.

The central bank said  views expressed in this  article are those of the  authors and do not necessarily represent the  views of the RBI.