RBI Governor: India Now Contributes More to Global Growth Than the US

In a confident statement following the recent monetary policy announcement, Reserve Bank of India (RBI) Governor Sanjay Malhotra highlighted India’s growing importance in the global economic landscape. Addressing both media and critics, Malhotra firmly stated that India is not only performing well but is now contributing more to global economic growth than even the United States.

The Governor’s comments come in response to recent international criticism questioning India’s economic momentum. Without naming specific individuals, Malhotra dismissed such remarks and pointed to real data that supports India’s strong performance.

According to the RBI, India is currently contributing nearly 18% to global GDP growth, whereas the United States accounts for around 11%. This difference is especially notable as global markets navigate inflation pressures, supply chain disruptions, and geopolitical uncertainties. India, with its 6.5% growth projection for the fiscal year, stands out as one of the fastest-growing large economies in the world.

Malhotra emphasized that these numbers are not just statistical wins but reflect the deeper fundamentals of the Indian economy. Strong domestic demand, stable monetary policy, and growing infrastructure investments have played a major role in keeping the economy resilient.

He also reassured the public and investors that the RBI’s decision to hold interest rates steady reflects confidence in India’s inflation control and overall macroeconomic health.

India’s continued rise as a global economic force signals a shift in where economic momentum is coming from. As global dynamics evolve, India is positioning itself not just as an emerging market — but as a leading contributor to global progress.

Follow The Executive India for more updates.