The stage is set for India’s grand economic leap, as affirmed by Chief Economic Adviser V. Anant Nageswaran in New Delhi. At a high-stakes press conference, he projected with certainty the nation’s rise to the third-largest economy, propelled by formidable growth numbers in the new GDP framework.
Using 2022-23 as base, Q3 FY26 real GDP growth hits 7.8 percent, with full-year at 7.6 percent. This cements India’s frontrunner status in G20 recovery leagues.
External elements like exchange rate headwinds in 2025 pose risks, but Nageswaran advocated mastering internals. ‘Policies enable 7 percent real, 10-11 percent nominal non-inflationary growth,’ he detailed.
Trade accords and AI prowess, once a concern, now fortify India’s position, enhancing inflows and exchange stability for truer dollar GDP reflections.
Statistics Secretary Dr. Saurabh Garg praised the revised series for its sharper economic portrayal. Outcomes will unfold via data itself.
India’s journey underscores resilience, innovation, and strategic foresight, heralding an era of global economic leadership.