First, the average growth rate of the Indian economy over a period of 25 years since 1980-81 (financial year beginning April) has been about 6.0 per cent, with the growth rate averaging 9.1 per cent during the last two years.
Second, the economy has shown considerable resilience during the recent years, as evidenced by the avoidance of adverse contagion impact of several shocks in the EMEs and the ability to cope with oil price increases.