Finance Ministry has said, India is well prepared to deal with the impact of the US Federal Reserve interest rate hike. Economic Affairs Secretary Shaktikanta Das tweeted that the end of uncertainties will actually help policy makers in emerging economies. He said, the rate hike and reference to gradualism are on expected lines. Chief Economic Advisor Arvind Subramaniam also said that India is prepared to deal with its impact. The US Federal Reserve Wednesday night hiked interest rates by 0.25 per cent. This is the first hike in about a decade, signaling a recovery in the US economy.