“Domestic demand is emerging as India’s strongest buffer against global volatility”. Explain the drivers of strong domestic demand. Assess India’s resilience during the recent global disruptions. Suggest long-term measures to enhance shock-absorption capacity.

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Q5. “Domestic demand is emerging as India’s strongest buffer against global volatility”. Explain the drivers of strong domestic demand. Assess India’s resilience during the recent global disruptions. Suggest long-term measures to enhance shock-absorption capacity. (15 M) Difficulty Level: Medium Reference: …