One of the unwelcome consequences of Indian economy’s growing integration with the rest of the world is that we are no longer decoupled from the global economic growth trends. The current low rate of economic growth globally, has also hampered our mission of regaining higher growth rates. What have been our strengths over the years? Vibrant democracy has made India resilient 15.
Nevertheless, a notable upside risk to our growth outlook is the still relatively low international fuel prices which have resulted in windfall gains for Fiji through lower import costs and lower  1  Total gross trade as share of GDP = 80% (average for 2012–14)  BIS central bankers’ speeches  1  inflation.