India must keep growth momentum, focus on competition-friendly economy: Finance Ministry

New Delhi, Oct 2 (UNI) India cannot afford to become complacent about its strong economic growth as geopolitical tensions and global financial uncertainty intensify, the Finance Ministry said in its latest Monthly Economic Review (MER), calling for faster, consistent and high-quality policy decisions to maintain investor confidence. The review said India needs to move beyond being merely "business-friendly" and build an economy that encourages greater competition. According to the Department of Economic Affairs officials who authored the review, stronger competition would be critical to creating an economy capable of delivering higher innovation and manufacturing growth. The ministry also highlighted the…