“India’s economy is in good shape despite challenges in the global environment”: CEA v Anantha Nageswaran

Chief Economic Advisor (CEA) Dr. V Anantha Nageswaran expressed confidence in the resilience of the economy and said that despite the challenges of the global environment, India's economic situation is still in good shape.Speaking at an event at Ashoka University on Saturday, India's CEA Nageswaran also said current economic indicators indicate that India's economy is going well.
Nageswaran highlights the need for India to maintain macroeconomic stability while pursuing an inclusive growth strategy of innovative leadership. He stressed the need for targeted investments in human capital, technology, infrastructure and ongoing structural reforms.
He added: “India's economic situation is still in good shape despite the challenges of the global environment. While the final figures on February 25 will be sold in May, the current indicators show that we are making good progress.”

Nageswaran also highlighted the primary areas in his speech, including energy affordability and energy transition. Employment generation and artificial intelligence; income share associated with capital and labor owners; education and skills; the rise of manufacturing and small and medium-sized enterprises; and food security and capital formation in the private sector.

India is expected to lead the global economy again, and the International Monetary Fund (IMF) expects it to remain the fastest growing major economy in the next two years. Based on the IMF's world economic outlook in April 2025, India's economy is expected to grow by 6.2% in 2025 and 6.3% in 2026, maintaining a solid lead among its global and regional peers. Niti Aayog's Vice Chairman in his Niti Aayog's Vice Chairman, his Keynote's speech emphasized that this is a long-standing society, a high society, his distance is 204, his distance is 204, his distance is 204, his distance is 204, his higher attitude is 204, his higher attitude is his higher vision, and his 204 is his higher attitude. Accelerate growth, focusing on the importance of labor productivity, investment and structural reforms to promote the economy.

“In the past three decades, India has grown at 6.5% annually, which I think is an impressive achievement. It shows both the institutional agility and a certain level of institutional maturity in India.”

Suman Bery added: “Global turmoil may be an opportunity for India, with no time for an increasing growth trajectory.”