India’s Chief Economic Adviser, V. Anantha Nageswaran, is all praise for the country’s impressive growth story. Speaking in New Delhi, he pointed out that no other nation of India’s massive size and diversity is pulling off such a huge economic and social transformation—especially within a strong democratic setup. “We’ve moved from low-income status to lower-middle-income levels, and that’s a big win,” Nageswaran told on Thursday.
He added that India’s journey has always been exciting, but it’s even more inspiring amid today’s global uncertainties. “We need to learn from our successes as much as our failures,” he said. “Think about the miracles we’ve achieved—they remind us that we can tackle any challenge head-on.” Nageswaran shared these thoughts on the sidelines of an event by the Bharat Chamber of Commerce, one of the oldest and largest business groups in eastern India, founded way back in 1900.
The CEA congratulated the chamber on its 125th anniversary, wishing it “many more years of outstanding service to members and the nation.”
On brighter trade news, Nageswaran expressed hope for quick progress in India-US trade talks. This comes after a recent call between Prime Minister Narendra Modi and US President Donald Trump on Modi’s 75th birthday. “Conversations are ongoing, and I truly hope we resolve the stalemate soon,” he said, keeping details light.
Nageswaran has previously highlighted how India’s economy stands strong despite tariff wars and global tensions. He credits a decade of smart reforms—like boosting digital and physical infrastructure, and helping small and medium enterprises go formal—for this resilience. Overall, he sees the Indian economy geared up for positive surprises, not setbacks.
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