new delhi global economic developments are expected to complicate the outlook further for the countrys external sector in 2023 a finance ministry report cautioned on friday and called for continued vigilance in maintaining indias external resilienceno country can afford to sit on its laurels india included continued commitment to macroeconomic stability will underpin both economic performance and investor interest in india the latter is very high currently it needs to be nurtured according to the finance ministrys monthly economic report for novemberit said that going forward india needs to focus on mediumterm challenges such as securing technology and resources for energy transition and skilling its youth for the 21stcentury economy while staying the course on fiscal consolidation at the general government levelthe good news is that much hard work has been done in the last several years and a strong platform has been erected on which the superstructure of a middleincome economy can be constructed according to the reportthe resilient growth of the indian economy in h1 fy23 the fastest among major economies bespeaks strengthening macroeconomic stability india registered a broadbased expansion of 97 in the first half of 202223 supported by robust domestic demand and upbeat investment activity altogether indias strong economic performance is also asserted by the world banks recent upgradation of indias growth forecast from 65 to 69 for 202223as we move ahead in q3 the momentum has been sustained well there is cautious optimism as the slowdown in global economic activity is not mirrored in indias performance of various highfrequency indicators said the report it said inflationary pressures have been easing with retail and wholesale inflation falling to 11 and 21month lows respectively in november inflation expectations have also moderated