Easing oil prices, supply chains to soften external pressures on India: Finance ministry

India's economy remains resilient despite global uncertainties, with easing oil prices and improving supply chains offering some relief. However, monsoon vagaries and West Asian geopolitical shifts pose risks to growth and inflation. Foreign investors are returning to sovereign debt, signaling confidence. The finance ministry emphasizes building national buffer stocks and reorienting farm policies towards climate-resilient crops, highlighting the need for proactive policy measures.

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