India's Economy Is Elephant That's Starting to Run, IMF's Ranil Salgado Says

The video discusses India's economic growth, likened to a running elephant, driven by macroeconomic stability and structural reforms. It covers the impact of demonetization and GST, the role of monetary policy in controlling inflation, and the risks of fiscal deficit due to government spending. The influence of higher oil prices and global economic factors, such as US monetary policy and trade issues, on India's economy is also analyzed.

How does the current economic policy of India affect the growth forecast?

What impact do higher oil prices have on the Indian economy according to the text?

What concerns did Patel express regarding the Federal Reserve's actions?