Chief Economic Advisor V Anantha Nageswaran on Wednesday said the Indian economy has responded quite satisfactorily to global headwinds, and exuded confidence that real GDP growth is likely to touch 7 per cent in FY26.
Speaking at the India Maritime Week here, Nageswaran said three global rating agencies have recently upgraded their ratings on India, and if the country continues on the same track, India can “soon” break into the ‘A’ rating category.
The academic-turned-policy advisor said the resilience shown by the economy, coupled with measures by the government and the Reserve Bank of India (RBI), places the Indian economy in a “comfortable position”.
“We should be quite satisfied with the way the Indian economy has responded to global uncertainties this year, and the tariff-related developments as well,” he said.
The policy measures, including relief in income tax and the recent GST rationalization “have combined to improve the economic growth prospects for this year to near or​Chief Economic Advisor V Anantha Nageswaran on Wednesday said the Indian economy has responded quite satisfactorily to global headwinds, and exuded confidence that real GDP growth is likely to touch 7 per cent in FY26.
Speaking at the India Maritime Week here, Nageswaran said three global rating agencies have recently upgraded their ratings on India, and if the country continues on the same track, India can “soon” break into the ‘A’ rating category.
The academic-turned-policy advisor said the resilience shown by the economy, coupled with measures by the government and the Reserve Bank of India (RBI), places the Indian economy in a “comfortable position”.
“We should be quite satisfied with the way the Indian economy has responded to global uncertainties this year, and the tariff-related developments as well,” he said.
The policy measures, including relief in income tax and the recent GST rationalization “have combined to improve the economic growth prospects for this year to near or ​Latest News [ SOBAN NEWS: International and National ]
