India's GDP growth would have exceeded 8% but for recent global shocks: RBI Deputy Guv Poonam Gupta Reserve Bank Deputy Governor Poonam Gupta noted that India's real GDP growth has declined due to external shocks. She emphasized that India has managed to grow at over 7 percent despite challenging circumstances in recent years. In addition, Gupta expressed confidence that an improvement in global conditions could boost growth by another percentage point. She discussed the importance of diversifying economic activities to reduce risks and emphasized that food security remains stable amid El Niño.