FILE PHOTO: India's Prime Minister Narendra Modi speaks with the media inside the parliament premises upon his arrival on the first day of the budget session in New Delhi, India, January 31, 2022. REUTERS/Adnan Abidi
NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi defended his government's efforts to fight the COVID-19 pandemic over the last two years, saying on Tuesday they led to high economic growth and middling inflation, unlike the situation in some advanced economies.
Economic growth is estimated at 9.2% in India's fiscal year ending in March and at 8% to 8.5% the next, after a contraction of 6.6% in fiscal 2019/20, while retail inflation hovers around 5.5%, well within the central bank's target of 2% to 6%.
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