The structural reforms are enhancing efficiency and competitiveness, supported by strong macroeconomic policies, said Chief Economic Advisor, V Anantha Nageswaran on Friday.
In the Economic Survey for 2024-25, tabled in Parliament on January 31, the real GDP growth for 2025-26 was projected to be between 6.3 and 6.8 per cent, a projection that has not been revised since then.
Amid heightened global uncertainty driven by disruptive tariff measures and escalating geopolitical tensions, the Indian economy continues to stand out for its exceptional resilience and remains firm and stable against external headwinds. Central to this resilience is the country's financial
Chief Economic Advisor (CEA), V Anantha Nageswaran, on Friday said that India's economic growth is expected to be "north of six and a half," adding that he is "more comfortable saying, even north of 6.8 per cent."
Emphasising the significance of financial security for senior citizens, Chief Economic Advisor V Anantha Nageswaran has stressed that long-term savings will be essential to maintain living standards as the country's elderly population grows in the coming decades.
Chief Economic Adviser (CEA) V Anantha Nageswaran on Thursday expressed optimism that the penal tariff imposed on certain imports will likely be withdrawn after November 30, signalling a potential easing of trade restrictions amid ongoing economic discussions.
He backed his argument by stating that the measures taken by the government, such as direct tax cuts, forthcoming GST tax structure reforms, and the employment-linked incentives, among others, are supportive of the overall economy.
Chief Economic Adviser V Anantha Nageswaran on Friday said India's domestic consumption growth can offset the US tariff-related losses, which is why the GDP estimates for the year 2025-26 haven't been revised downwards.
India has maintained a good growth rate despite difficult and unfavourable political and economic conditions noted Chief Economic Adviser V Anantha Nageswaran on Wednesday.
The Standing Committee on Finance on Friday discussed roadmap for India's economic growth in the light of global headwinds and economic challenges with Chief Economic Advisor V Anantha Nageswaran giving a presentation.
"All in all, given the global environment, our economy is doing quite well," the CEA told reporters at a virtual press conference, soon after the GDP data for 2024-25 and January-March were released.
Chief Economic Advisor V Anantha Nageswaran on Thursday expressed confidence that India is on track to become a USD 5 trillion economy by 2027-28, even as the country navigates complex geopolitical challenges and positions itself to benefit from shifting global trade dynamics.