New Delhi:
Chief Economic Advisor (CEA) V Anant Nageswaran said that the current indicators are showing positive photographs of India’s economy and even after global challenges, the domestic economy is moving rapidly. Nakeswaran said in a ceremony in a ceremony in the University of Ashoka University, “Global Challenges said in a good state. The figures of FY 25 will be available in May and existing indicators are indicating that the growth rate has been strong. “
He further said that energy is becoming economical in the country and energy transitions are increasing employment opportunities and small and medium enterprises and manufacturing are increasing.
AI, Education and Skilled Workforce Growth Factors
According to V Anant Nageshwar, Artificial Intelligence, Education and Skilled Workforce of the country are helping to increase the growth rate. He said that there is a need to maintain comprehensive economic stability while controlling inflation. At the same time, it is necessary to target inclusive development as the country progresses.
India achieved an annual growth rate of 6.5% in three decades
NITI Aayog Deputy Chairman Suman Berry in his address in the program discussed India’s long -term outlook to become a developed, high -income country till 2047. He further said, “India has achieved an annual growth rate of 6.5 percent in the last three decades and I think it is an impressive achievement. It shows both institutional agility and maturity in India. Also said that global turmoil can create opportunities for India.
India is world’s fastest growing economy: report
According to the IMF report, India remains the fastest growing economy in the world. In the next two years, the world will be the only major economy, which will grow at the rate of 6 percent.
It was reported in this outlook that India’s economy may grow at a rate of 6.2 percent in 2025, while in 2026 it is expected to grow at a rate of 6.3 percent. At the same time, China’s economy can grow at the rate of 4 percent in 2025 and 4.6 percent in 2026.