India's Economy Shows Resilience Amid Global Uncertainties, Says Chief Economic Adviser
Chief Economic Adviser V. Anantha Nageswaran stated that India’s economy is better positioned to handle global shocks due to prudent macroeconomic management and policy measures. Despite uncertainties from geopolitical tensions and oil price risks, domestic demand remains strong, and nominal GDP growth is expected to reach 12%, surpassing budget estimates. He emphasized the need for sustained growth and workforce adaptation to AI-driven changes to achieve long-term development goals.