India Sustains Growth; Government Plans Expansion of Domestic Maritime Capabilities

Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister, highlighted India's sustained 7-7.5% growth amid global uncertainties, attributing it to macroeconomic stability and systemic reforms. He emphasized the need for West Bengal to reposition as a maritime state, supported by a government plan to expand domestic maritime capabilities through a Rs 77,000 crore package aimed at building a national fleet, boosting industrial growth, and reducing reliance on foreign vessels.