‘Oil spike won’t derail India’s 8% growth trajectory’: World Bank’s Neelkanth Mishra
Neelkanth Mishra, the new Executive Director at the World Bank, believes that India’s strong structural strengths and favorable sectoral indicators will help mitigate the impact of rising crude prices on its growth. He also cites on-the-ground indicators like car sales, mall footfalls, and cement demand to support his argument.