Domestic economy will drive growth in FY24: Finance secretary Somanathan

Finance Secretary T V Somanathan — the top bureaucrat in the Union finance ministry – who also holds the expenditure portfolio, says he is certain about India’s growth story, and feels that the domestic economy will be the key growth driver in FY24 as global demands could shrink due to headwinds such as high inflation in major economies and supply chain disruptions due to the ongoing Ukraine war